Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / TMI Blogs / RSS

Limitation period for arbitration petition filing expired on 30/09/2022, excluding extension. Petition filed on 31/10/2022 dismissed.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The period of limitation for filing a petition u/s 34 of the Arbitration Act commenced from 1st July 2022, excluding 30th June 2022 when the award was received. The three-month limitation period expired on 30th September 2022, a day before the pooja vacation commenced on 1st October 2022. The appellants were not entitled to the benefit of Section 4 of the Limitation Act as the prescribed period ended on 30th September 2022. The maximum 30-day extension u/s 34(3) expired on 30th October 2022, but the petition was filed on 31st October 2022. The High Court rightly held that the petition was not filed within the specified period u/s 34(3). The appeal was dismissed.....