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    <title>1998 (3) TMI 704 - BOMBAY HIGH COURT</title>
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    <description>A pre-existing arbitration clause referring to statutory modification or re-enactment was read as embracing the Arbitration and Conciliation Act, 1996, so pending proceedings could be governed by the new Act under section 85 where that matched the parties&#039; intention. The court rejected the view that a fresh post-commencement agreement was required. It also treated receipt of a signed copy of the award as the operative event for limitation under sections 31(5), 33 and 34, and allowed exclusion of time spent bona fide pursuing the matter in Civil Court. The respondent was therefore left free to pursue post-award remedies under the 1996 Act.</description>
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      <title>1998 (3) TMI 704 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=283966</link>
      <description>A pre-existing arbitration clause referring to statutory modification or re-enactment was read as embracing the Arbitration and Conciliation Act, 1996, so pending proceedings could be governed by the new Act under section 85 where that matched the parties&#039; intention. The court rejected the view that a fresh post-commencement agreement was required. It also treated receipt of a signed copy of the award as the operative event for limitation under sections 31(5), 33 and 34, and allowed exclusion of time spent bona fide pursuing the matter in Civil Court. The respondent was therefore left free to pursue post-award remedies under the 1996 Act.</description>
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      <pubDate>Thu, 12 Mar 1998 00:00:00 +0530</pubDate>
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