https://www.taxtmi.com/caselaws?id=200226 Post-reference mutual consent may validly extend the time for making an arbitral award under the Arbitration Act. The statutory restriction targets an original agreement granting the arbitrator unilateral power to extend time, not a later consensual modification by the parties; delay therefore did not invalidate the award. An arbitration agreement is not void for vagueness where, read commercially and with its preamble, it identifies the parties, partnership business, accounts and matters for determination. Examination of related accounts for verifying entries does not create uncertainty where the parties understood and acted on the reference without objection. The challenge on these grounds failed, leaving remaining issues for determination according to law. en-us Wed, 18 Jul 1973 00:00:00 +0530 Fri, 23 Mar 2018 18:30:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200226 Post-reference mutual consent may validly extend the time for making an arbitral award under the Arbitration Act. The statutory restriction targets an original agreement granting the arbitrator unilateral power to extend time, not a later consensual modification by the parties; delay therefore did not invalidate the award. An arbitration agreement is not void for vagueness where, read commercially and with its preamble, it identifies the parties, partnership business, accounts and matters for determination. Examination of related accounts for verifying entries does not create uncertainty where the parties understood and acted on the reference without objection. The challenge on these grounds failed, leaving remaining issues for determination according to law. Case-Laws Indian Laws Wed, 18 Jul 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200226