Court Clarifies Section 29A Petition's Timely Filing Requirement for Arbitration Awards: Delhi High Court
New Delhi, February 29, 2024: In a significant development, the Delhi High Court, in a case filed under Section 29A of the Arbitration and Conciliation Act, 1996, has extended the mandate of the Arbitral Tribunal in the matter of National Skill Development Corporation (Petitioner) versus Best First Step Education Private Limited & Others (Respondents). Background: The case revolves around a Loan Agreement dated 19.12.2013, where the petitioner, National Skill Development…
