Application Under Section 34 Of Arbitration Act Without Award Copy Or Vakalatnama Considered Merely A 'Stack Of Papers' Filed To Save Limitation: Delhi High Court
In a significant ruling, the Delhi High Court has dismissed a petition filed by KGF Cottons Pvt. Ltd. under Section 34 of the Arbitration & Conciliation Act, 1996 challenging an arbitral award on the grounds that the petition was filed beyond the prescribed time limit. The petition was filed in relation to a dispute between KGF Cottons Pvt. Ltd. (Petitioner) and Haldiram Snacks Pvt. Ltd. (Respondent), following an arbitration proceeding…