Supreme Court Flags Long Submissions In S.34/37 Arbitration Act Proceedings, Says Timelimit Needs To Be Imposed

The Supreme Court flagged the issue of lengthy submissions in Section 34 and 37 proceedings under the Arbitration and Conciliation Act, emphasizing the need to impose time limits. Sections 34 and 37 deal with challenges to arbitral awards and appeals thereof. The court's concern stems from the protracted nature of these proceedings, which can undermine the efficiency of arbitration as a dispute resolution mechanism. It suggested that imposing time limits for oral arguments would expedite the process.