https://www.taxtmi.com/caselaws?id=106404 Section 3 of the Limitation Act applies to arbitration through section 43 of the Arbitration and Conciliation Act, so a claim referred outside the governing limitation period cannot be sustained. Under the relevant bye-law, disputes had to be referred within six months from the date the claim or dispute arose. On the stated facts, the dispute arose when the demand was rejected, but arbitration was invoked later, making the claim time-barred. An award allowing a barred claim under the contractual arbitral regime is treated as contrary to public policy and is vulnerable to challenge under section 34. en-us Fri, 26 Jul 2002 00:00:00 +0530 Wed, 14 Mar 2012 10:37:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106404 Section 3 of the Limitation Act applies to arbitration through section 43 of the Arbitration and Conciliation Act, so a claim referred outside the governing limitation period cannot be sustained. Under the relevant bye-law, disputes had to be referred within six months from the date the claim or dispute arose. On the stated facts, the dispute arose when the demand was rejected, but arbitration was invoked later, making the claim time-barred. An award allowing a barred claim under the contractual arbitral regime is treated as contrary to public policy and is vulnerable to challenge under section 34. Case-Laws Companies Law Fri, 26 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106404