LAWS(CAL)-2015-8-67

NATIONAL AGRICULTURAL COOPERATIVE MARKETING FEDERATION OF INDIAN LTD. Vs. R. PIYARELALL IMPORT & EXPORT LTD.

Decided On August 28, 2015
National Agricultural Cooperative Marketing Federation Of Indian Ltd. Appellant
V/S
R. Piyarelall Import And Export Ltd. Respondents

JUDGEMENT

(1.) This appeal is against a judgement and order dated 29th June, 2015 passed by the learned Single Bench rejecting the application filed by the appellant, being AP No. 174 of 2015, under Section 34 of the Arbitration and Conciliation Act, 1996, hereinafter referred to as 'the 1996 Act', for setting aside an award, made by an arbitral tribunal of three arbitrators of the Indian Council of Arbitration, on 21st February, 2014, in arbitration of disputes between the appellant and the respondent, as rectified by an order dated 4th March, 2014.

(2.) The said application under Section 34 of the 1996 Act has been rejected on the ground that it had filed beyond a period of three months and thirty days from the date of receipt of the award, as corrected.

(3.) Section 34(3) provides as follows:-