https://www.taxtmi.com/caselaws?id=755237 A petition under Section 34 of the Arbitration and Conciliation Act filed on the first day after court reopening was held time-barred. The three-month limitation period for challenging an arbitral award is computed by excluding the date of receipt under Section 12(1) of the Limitation Act, and any further 30-day extension depends on sufficient cause. Section 4 of the Limitation Act applies only where the prescribed period expires on a court holiday; it does not extend the limitation period beyond the statutory outer limit under the proviso to Section 34(3). The petition was filed after that outer period had also expired, so the benefit of Section 4 was unavailable. en-us Mon, 08 Jul 2024 00:00:00 +0530 Tue, 09 Jul 2024 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755237 A petition under Section 34 of the Arbitration and Conciliation Act filed on the first day after court reopening was held time-barred. The three-month limitation period for challenging an arbitral award is computed by excluding the date of receipt under Section 12(1) of the Limitation Act, and any further 30-day extension depends on sufficient cause. Section 4 of the Limitation Act applies only where the prescribed period expires on a court holiday; it does not extend the limitation period beyond the statutory outer limit under the proviso to Section 34(3). The petition was filed after that outer period had also expired, so the benefit of Section 4 was unavailable. Case-Laws Indian Laws Mon, 08 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755237