Limitation period for arbitration extended to a three-year rule; eligible pending or previously time-barred claims may now proceed. Limitation for stock exchange arbitration is governed by the Limitation Act, 1963 modified to a three-year period and applies where three years have not elapsed and either no arbitration was filed or earlier-filed arbitration was rejected solely for delay under the prior six-month bar; fees for new cases follow SEBI circulars of August 2010, and fees already paid in rejected cases will be deducted from the recomputed fees with the balance borne by parties; exchanges must publicise, amend rules/bye-laws, notify eligible applicants, report implementation to SEBI, and submit to SEBI inspection.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Limitation period for arbitration extended to a three-year rule; eligible pending or previously time-barred claims may now proceed.
Limitation for stock exchange arbitration is governed by the Limitation Act, 1963 modified to a three-year period and applies where three years have not elapsed and either no arbitration was filed or earlier-filed arbitration was rejected solely for delay under the prior six-month bar; fees for new cases follow SEBI circulars of August 2010, and fees already paid in rejected cases will be deducted from the recomputed fees with the balance borne by parties; exchanges must publicise, amend rules/bye-laws, notify eligible applicants, report implementation to SEBI, and submit to SEBI inspection.
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