https://www.taxtmi.com/caselaws?id=106778 A petition under section 34 of the Arbitration and Conciliation Act, 1996 was held barred by limitation because the application to set aside the arbitral award was filed beyond three months from receipt of the signed award, and the further thirty-day extension was the maximum condonable period. The court treated the time limit in section 34(3) as mandatory and found that the petitioner's explanation did not cover the delay, including the unexplained period from 5-2-2000 to 7-3-2000. The request for condonation was itself outside the statutory grace period, so the delay could not be condoned and the petition was dismissed. en-us Fri, 24 Aug 2001 00:00:00 +0530 Thu, 15 Mar 2012 16:23:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106778 A petition under section 34 of the Arbitration and Conciliation Act, 1996 was held barred by limitation because the application to set aside the arbitral award was filed beyond three months from receipt of the signed award, and the further thirty-day extension was the maximum condonable period. The court treated the time limit in section 34(3) as mandatory and found that the petitioner's explanation did not cover the delay, including the unexplained period from 5-2-2000 to 7-3-2000. The request for condonation was itself outside the statutory grace period, so the delay could not be condoned and the petition was dismissed. Case-Laws Companies Law Fri, 24 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106778