Supreme Court of India · 2012-09-21
BENARSI KRISHNA COMMIT. vs KARMYOGI SHELTERS P.LTD.
- Citation / case number
- SC 2010/24918
- Court
- Supreme Court of India
- Petitioner
- BENARSI KRISHNA COMMIT.
- Respondent
- KARMYOGI SHELTERS P.LTD.
- Author
- ALTAMAS KABIR
- Bench
- J. CHELAMESWAR ALTAMAS KABIR
Judgment text excerpt
The Supreme Court addressed the issue of whether service of an Arbitral Award on an agent constitutes service on the party itself under Section 31(5) and Section 34(3) of the Arbitration and Conciliation Act, 1996. The Court held that the term 'party' includes the agent, affirming the High Court's decision that the Respondent's petition to set aside the Award was time-barred as it was filed beyond the stipulated three-month period. The outcome reinforced the importance of timely action in arbitration proceedings, emphasizing adherence to statutory timelines.