Arbitration Act, For Condonation Of Delay In Filing Section 34, Party Is Obligated To Reveal Bonafidies Coupled With Plausible Reasons: Himachal Pradesh High Court

In a recent ruling by the High Court of Himachal Pradesh, Justice Satyen Vaidya presided over the matter of OMP(M) No. 89 of 2023, concerning the application for condonation of delay under Section 34 of the Arbitration and Conciliation Act. The case involved the State of H.P. and another as petitioners, and M/s Jagson International Ltd. as the respondent. The court, after careful consideration, rendered its decision on 30th April…