P&H: Refuses to Condon 468 Day Delay in Commercial Arbitration Appeal, as no cogent reasons in application for condonation of delay
The Punjab and Haryana High Court has dismissed a commercial appeal filed by the Punjab State Cooperative Supply & Marketing Federation Limited after finding no sufficient reason to excuse a delay of 468 days in filing the case.
The appeal challenged an order of the Additional District Judge, Commercial Court, Ludhiana, which had dismissed the Federation’s application under Section 34 of the Arbitration and Conciliation Act, 1996. Along with the appeal, the Federation sought condonation of delay under Section 5 of the Limitation Act, saying it had learnt of the earlier judgment only after receiving a legal notice in October...
