Supreme Court Allows NHAI's Appeal in Arbitration Delay Condonation Case — Limitation Period Under Section 34(3) of Arbitration Act is Mandatory and Cannot Be Extended Beyond 120 Days. The Court held that the proviso to Section 34(3) of the Arbitration and Conciliation Act, 1996 is a complete code and the maximum period for filing a Section 34 application is 120 days from the date of receipt of the award or order, and no court has the power to condone delay beyond that period.
1 Jan 2026The Supreme Court allowed the appeal filed by the National Highway Authority of India (NHAI) against the judgment of the Karnataka High Court which ha...
