Delhi High Court: The Court declared that the time limit prescribed under the section 29A of the Arbitration and Conciliation Act only applies to the proceedings commenced after Amendment of 2015.

Delhi High Court: The Court declared that the time limit prescribed under the section 29A of the Arbitration and Conciliation Act only applies to the proceedings commenced after Amendment of 2015.

The Court stated that the section 29A of the A&C Act does not apply to the proceedings commenced before the amendment of 2015 and interpreted the word “Commencement” would be the yardstick to determine the applicability and its situations.  The High Court reiterated that the section 29A prescribes the time Read more…