Timeline to seek setting aside of arbitral awards are inviolable: Supreme Court
Posted by By nishithadmin at 3 May, at 15 : 19 PM Print
May 3, 2023
Recently, the Supreme Court of India upheld that an application for setting aside an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996, must be filed within the prescribed period of limitation i.e. 90 +30 days.
The judgment sets a strict reminder that timelines for filing a challenge to an arbitral award are sacrosanct – even days on which the courts are closed will not be excluded while calculating the limitation period.
We hope you enjoy listening to the series. For any questions, please reach out to us on concierge@nishithdesai.com.
You can also reach out to us on our social media accounts:
Adimesh Lochan
https://www.linkedin.com/in/alochan/
Arjun Gupta
Sahil Kanuga
