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    <title>2012 (3) TMI 741 - Supreme Court</title>
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    <description>Where the Arbitration Act, 1940 does not prescribe a specific limitation period for an application to revoke an arbitrator&#039;s authority and appoint a fresh arbitrator, Article 137 of the Limitation Act, 1963 applies through section 37. Time begins when the right to apply first accrues. On the facts stated, that right arose when the arbitrators became functus officio on expiry of the extended time for making the award. An application filed several years later was therefore beyond the three-year period and time-barred.</description>
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      <description>Where the Arbitration Act, 1940 does not prescribe a specific limitation period for an application to revoke an arbitrator&#039;s authority and appoint a fresh arbitrator, Article 137 of the Limitation Act, 1963 applies through section 37. Time begins when the right to apply first accrues. On the facts stated, that right arose when the arbitrators became functus officio on expiry of the extended time for making the award. An application filed several years later was therefore beyond the three-year period and time-barred.</description>
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