Applicability Of Section 5 Of Limitation Act To Petition U/S 34 Of Arbitration Act Is Excluded: Himachal Pradesh HC

The Himachal Pradesh High Court clarified that Section 5 of the Limitation Act does not apply to petitions under Section 34 of the Arbitration Act. The court emphasized that the three-month period prescribed under Section 34(3) of the Arbitration Act is strict, and any delay beyond this period cannot be condoned under Section 5 of the Limitation Act. This ruling underscores the importance of adhering to statutory timelines in arbitration proceedings to ensure timely resolution of disputes.