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File: /home/u936103050/domains/judicialtestseries.com/public_html/application/controllers/Webpage.php
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Function: require_once

Outer Limit Of 120 Days To File 'Section 34' Application To Set Aside Arbitral Award Not Diluted By 2015 Amendment
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Outer Limit Of 120 Days To File 'Section 34' Application To Set Aside Arbitral Award Not Diluted By 2015 Amendment

06 Sep 2019 03:55 pm

The Supreme Court has observed that the mandate under Section 34(3) of the Arbitration and Conciliation Act providing outer limit of 120 days to file an application to set aside Arbitral Award remains unchanged even after 2015 amendment of the Act.

In this case, the application for setting aside the arbitral award was preferred beyond 120 days and the same was dismissed in view of the specific bar under Section 34(3) of the Arbitration and Conciliation Act. The Courts had referred to the judgment in Union of India vs. M/s Popular Construction Company, to hold that, after a period of 90 days is over, a further period of 30 days can be condoned but beyond that no power of condonation has been given.

Nhai and anr. vs Subhash Bindlish and Ors.

SLP 17812 OF 2019



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