UNION INDIA vs TECCO TRICHY ENGINEERS & CONTRACTORS

The Supreme Court addressed the issue of limitation under Section 34 of the Arbitration and Conciliation Act, 1996, determining the effective date of receipt of the arbitral award for filing an application to set it aside. The Court held that the limitation period begins from the date the award is delivered, which was found to be 12.3.2001, and not from the date the Chief Engineer acknowledged receipt on 19.3.2001. Consequently, the application for setting aside the award was deemed barred by limitation, as it was filed beyond the permissible period under the Act.