M/S. Consolidated Engineering ... vs The Principal Secretary (Irrigation ...

The Supreme Court addressed two key questions regarding the applicability of the Limitation Act, 1963 to proceedings under the Arbitration and Conciliation Act, 1996. It held that the Limitation Act is applicable to court proceedings under the Arbitration Act, specifically referencing Section 34(3) which prescribes a three-month limitation period for setting aside arbitral awards. The Court clarified that Section 43 of the Arbitration Act makes the Limitation Act applicable to arbitration proceedings, thus establishing that limitations for appeals under Section 37 are governed by the Limitation Act's provisions.