Arbitration Law – Commencement of Limitation – Section 14(2) of the Arbitration Act, 1940 – Limitation Began Upon Awareness – The appellant's application under Section 17 of the Act was dismissed as premature by lower courts, interpreting the limitation to start only from formal notice of filing the award – Held: The limitation began on 21.09.2022 when the respond...
Arbitration Award – Evidence and Perverse Findings – The appellant challenged an arbitral award of Rs. 60,00,000/- granted to the respondent for damage to cement bags due to waterlogging. The tribunal relied solely on the respondent’s letter (Exhibit ‘T’) dated January 7, 2005, while discarding two survey reports – one by the insurer’s surveyor and another...
