Time From Filing Section 34 Petition To 2015 Amendment Excluded From Limitation Period For Enforcing Arbitral Awards: Delhi High Court

The Delhi High Court ruled that the time taken from filing a Section 34 petition to the 2015 Amendment is excluded from the limitation period for enforcing arbitral awards. This decision clarifies that the 2015 Amendment's intent to extend the limitation period applies retroactively to pending proceedings. The court emphasized legislative intent and judicial precedent in interpreting statutory provisions to ensure effective enforcement of arbitral awards. This ruling impacts arbitration practices by providing clarity on the calculation of limitation periods under the Arbitration and Conciliation Act.