https://www.taxtmi.com/caselaws?id=308000 A multi-tier dispute resolution clause postpones the accrual of the right to arbitrate until the agreed negotiation and Chief Executive reference process fails, so limitation for invoking arbitration runs only from that contractual breaking point. On that basis, the Final Bill claims were treated as within limitation because the pre-reference process failed on 21.12.2012 and arbitration was invoked on 27.01.2014 within three years. By contrast, the reimbursement claim for supplier payments stayed time-barred because no sufficient factual basis showed postponement or extension of limitation, and the dispute was not pursued within the permissible period. en-us Mon, 10 Oct 2022 00:00:00 +0530 Mon, 22 May 2023 20:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308000 A multi-tier dispute resolution clause postpones the accrual of the right to arbitrate until the agreed negotiation and Chief Executive reference process fails, so limitation for invoking arbitration runs only from that contractual breaking point. On that basis, the Final Bill claims were treated as within limitation because the pre-reference process failed on 21.12.2012 and arbitration was invoked on 27.01.2014 within three years. By contrast, the reimbursement claim for supplier payments stayed time-barred because no sufficient factual basis showed postponement or extension of limitation, and the dispute was not pursued within the permissible period. Case-Laws Indian Laws Mon, 10 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308000