Dec 30, 2019

SC rules on Exclusion of Time spent before a Court not having Jurisdiction for determining the Period for challenging an Arbitral Award

Under Section 34(3) of the Arbitration and Conciliation Act, 1996, an award has to be challenged within three months from the date of the award, with a 30-day grace period where the Court may condone the delay, but not thereafter. In Oriental Insurance Co. Ltd. v. M/s Tejparas Associates & Exports Pvt. Ltd.[1], the appellant had filed a petition against an arbitral award before a court not having jurisdiction. SC held that the time spent before a wrong forum can be excluded when the application is re-presented before the court having jurisdiction, only if the proceeding was bona fide in the court without jurisdiction.

[1] (2019) 9 SCC 435

TAGS

    SHARE

    DISCLAIMER

    These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.