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    <title>2012 (4) TMI 737 - BOMBAY HIGH COURT</title>
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    <description>Participation in arbitral proceedings after expiry of a contractual time limit, without a clear and timely objection, can amount to waiver of reliance on that limit. Continued participation, including further submissions and written arguments after expiry of both the initial and extended periods, showed that the respondent had waived the delay objection. An award made after the contractual period was not liable to be set aside automatically on that ground alone; the statutory and contractual context, together with the parties&#039; conduct, had to be examined. The matter was therefore remanded for fresh consideration on the merits after reversal of the order setting aside the award.</description>
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    <pubDate>Mon, 16 Apr 2012 00:00:00 +0530</pubDate>
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      <title>2012 (4) TMI 737 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=198282</link>
      <description>Participation in arbitral proceedings after expiry of a contractual time limit, without a clear and timely objection, can amount to waiver of reliance on that limit. Continued participation, including further submissions and written arguments after expiry of both the initial and extended periods, showed that the respondent had waived the delay objection. An award made after the contractual period was not liable to be set aside automatically on that ground alone; the statutory and contractual context, together with the parties&#039; conduct, had to be examined. The matter was therefore remanded for fresh consideration on the merits after reversal of the order setting aside the award.</description>
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      <pubDate>Mon, 16 Apr 2012 00:00:00 +0530</pubDate>
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