Under Section 34 of the Arbitration and Conciliation Act, 1996, a challenge to an arbitral award must be made within_____________

A One month from the date of receipt of the award Correct Incorrect

B Two months from the date of receipt of the award Correct Incorrect

C Six months from the date of receipt of the award Correct Incorrect

D Twelve months from the date of receipt of the award Correct Incorrect

E Three months from the date of receipt of the award, with a further extension of 30 days for sufficient cause Correct Incorrect

Detailed Solution

Section 34 of the Arbitration and Conciliation Act, 1996 stipulates grounds to challenge the arbitral award made under Section 31. However, the challenge to the award can only be made within limitation period of three months from the date of receipt of the award. This period of limitation can be further extended by 30 days in cases where the applicant is able to show sufficient cause for delay in filing petition under Section 34.

Practice Next

More Other Laws and Acts Questions

If the witness is unable to communicate verbally Court _____ take assistance of an interpreter and such statement shall be _______.
Specific Relief Act is applicable for enforcement of:
Which of the following are the punishments to which offenders are liable under the provisions of BNS?
As per the SEBI Act the Securities Appellate Tribunal shall consist of a Presiding Officer and such number of Judicial Members and Technical Members as the...
Under Section 21 of the BNS, 2023 (formerly Section 83 of the IPC), a child between the ages of 7 and 12 is exempt from criminal liability if it is proven ...
What is the punishment for the offence of money laundering under Section 4 of PMLA?
What are the potential penalties for an insider who deals in securities based on unpublished price sensitive information, communicates such information, or...
Under Section 5 of the Prevention of Money Laundering Act, 2002, the Director or any officer authorised by him may provisionally attach property believed t...
A desires a Court to give judgment that B shall be punished for a crime which A says B has committed
What is the fundamental basis of the theory of natural law?

Relevant for Exams:

SEBI Grade A Legal
SEBI Grade A Legal
SEBI Grade A Legal

Hey! Ask a query

Please enter email id The email must be a valid email address.

Please enter Mobile Number Please enter valid Mobile Number

Please enter your Doubt

Thank You for posting your query. Please check your email for further guidance.

Under Section 34 of the Arbitration and Conciliation Act, 1996, a challenge to an arbitral award must be made within_____________

Detailed Solution

More Other Laws and Acts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login