Ruling on Limitation by Arbitrator is Interim Award; SC calls for amendment to Section 34

Ruling on Limitation by Arbitrator is Interim Award; SC calls for amendment to Section 34

The Supreme Court today held that an award passed by an arbitrator on the aspect of limitation is an interim award and hence an arbitral award which can be challenged independently under Section 34 of the Arbitration and Conciliation Act, 1996 (Act).

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