https://www.taxtmi.com/caselaws?id=442549 Where an arbitral tribunal suo motu corrects an award under Section 33(3) of the Arbitration and Conciliation Act, 1996, the corrected award becomes the operative award for purposes of Section 34(3) limitation. The limitation period to challenge the award runs from the date the corrected award is made and received by the party, because the original award stands modified and the party must have an effective opportunity to examine the final award before objecting. On that basis, objections filed within ninety days of the corrected award were within time, and the court may also consider condonation within the permissible additional period while proceedings remain pending. en-us Fri, 06 Jan 2023 00:00:00 +0530 Tue, 05 Sep 2023 08:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442549 Where an arbitral tribunal suo motu corrects an award under Section 33(3) of the Arbitration and Conciliation Act, 1996, the corrected award becomes the operative award for purposes of Section 34(3) limitation. The limitation period to challenge the award runs from the date the corrected award is made and received by the party, because the original award stands modified and the party must have an effective opportunity to examine the final award before objecting. On that basis, objections filed within ninety days of the corrected award were within time, and the court may also consider condonation within the permissible additional period while proceedings remain pending. Case-Laws Indian Laws Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442549