Arbitration Cases Weekly Round-Up: 13th May livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
[Arbitration Act] Once Arbitral Tribunal In Place, Court s Consideration Of Section 9 Application Should Be Limited: Allahabad High Court livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.
Parties should not be permitted to seek extension of time under Section 29-A (4) of the Act merely by ‘consent’ and the extension of time ought to be granted only for ‘sufficient cause.’
The article elaborates on the Delhi High Court's discussion regarding what constitutes a violation of the public policy and natural justice for the purpose of setting aside an International Arbitration Award.
The Supreme Court recently highlighted a legislative vacuum, as there is no statutory time limit for filing an application for appointment of arbitrators.