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september 2012

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.

BENARSI KRISHNA COMMIT. vs KARMYOGI SHELTERS P.LTD. · Niyam