UNION OF INDIA vs M/S. SHRING CONSTRUCTION CO.

The Supreme Court ruled that Section 14 of the Limitation Act, 1963 does not apply to the Arbitration and Conciliation Act, 1996, specifically in the context of setting aside an arbitral award under Section 34. The Court held that the application for setting aside the award was filed beyond the statutory period, including the extended period allowed, and thus affirmed the lower court's dismissal of the application. The judgment clarifies the applicability of limitation provisions in arbitration matters, emphasizing strict adherence to the timelines set forth in the Act.