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Period Of Bonafide Negotiations May Be Excluded For Computing Period Of Limitation For Reference: Delhi High Court

31 May 2024 2 min read
Period Of Bonafide Negotiations May Be Excluded For Computing Period Of Limitation For Reference: Delhi High Court

In a significant development under the Arbitration and Conciliation Act, 1996, the Delhi High Court has issued a judgment appointing a sole arbitrator to adjudicate a dispute between two parties, Blooming Orchid and FP Life Education Foundation. The dispute revolves around contractual obligations and termination issues stemming from an agreement dated 26.12.2018. Background of the Case: 1. Section 11(6) Petition Filed: Blooming Orchid, represented by advocates Mr. Devashish Chauhan, Mr.…

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