Mypreferred Transformation And ... vs M/S. Faridabad Implements Pvt. Ltd

The Supreme Court examined the applicability of the Limitation Act to proceedings under Sections 34 and 37 of the Arbitration and Conciliation Act (ACA). The court analyzed whether the Limitation Act's provisions, including Sections 5 and 12, are applicable to such proceedings, considering the statutory framework and judicial precedents. The judgment clarifies the procedural aspects and limitations period for arbitration-related applications, emphasizing the importance of timely filing. The court ultimately provided guidance on the correct interpretation and application of limitation laws in arbitration cases.