Delay Beyond Prescribed Period U/S 34(3) Of Arbitration Act Cannot Be Condoned In View Of Inapplicability Of S.5 Of Limitation Act: Himachal Pradesh HC

The Himachal Pradesh High Court ruled that a delay beyond the prescribed period under Section 34(3) of the Arbitration and Conciliation Act cannot be condoned due to the inapplicability of Section 5 of the Limitation Act. Section 34 deals with applications to set aside arbitral awards, and the court clarified the strict timelines for such applications, with no provision for extending the deadline based on general principles of limitation.