Arbitration- Time Limit Enhanced Under Section 29A Applicable To Proceedings Pending As On Date Of 2019 Amendment : Delhi HC [Read Order]

The Delhi High Court has held that the time limit for completion of arbitration proceedings, enhanced by amending Section 29A(1) of the Arbitration and Conciliation Act 1996 through the 2019 amendment is applicable to arbitrations pending as on the date of amendment.Justice J R Midha observed :"This Court is of the view that amended Sections 23(4) and 29A(1) of the Arbitration and...