https://www.taxtmi.com/caselaws?id=105071 A claim referred to arbitration under exchange regulations was held barred by limitation because Regulation No. 5 imposed a three-month period from the date the dispute arose. The dispute arose, at the latest, when the cheques were dishonoured and recovery steps were taken, and not when the cheque-validity period later expired. The exchange bye-laws contained no inconsistent limitation rule, so the regulatory time limit governed the reference. As the reference was made after the three-month period had expired, the claim was time-barred, the dispute was not arbitrable, and the award was set aside. en-us Thu, 23 Dec 1999 00:00:00 +0530 Fri, 02 Mar 2012 13:26:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105071 A claim referred to arbitration under exchange regulations was held barred by limitation because Regulation No. 5 imposed a three-month period from the date the dispute arose. The dispute arose, at the latest, when the cheques were dishonoured and recovery steps were taken, and not when the cheque-validity period later expired. The exchange bye-laws contained no inconsistent limitation rule, so the regulatory time limit governed the reference. As the reference was made after the three-month period had expired, the claim was time-barred, the dispute was not arbitrable, and the award was set aside. Case-Laws Companies Law Thu, 23 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105071