Law · Arbitration and Conciliation Act
A delay of 105 days beyond the prescribed statutory limit in applying for setting aside an Arbitral Award under the Arbitration and Conciliation Act, 1996:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Is condonable under Section 5 of the Limitation Act read with the Arbitration and Conciliation Act.
- 2Is condonable at the absolute discretion of the Arbitral Tribunal.
- 3Is not condonable as the limitation period under Section 34(3) is strict.✓
- 4Is condonable under Section 5 of the Limitation Act, 1963.
Correct answer
Is not condonable as the limitation period under Section 34(3) is strict.
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