2001 (8) TMI 1298 - HC - Companies Law

Summary

The petition under section 34 of the Arbitration and Conciliation Act, 1996 was dismissed by the High Court of Delhi due to the petitioner's failure to explain the delay in challenging the award. The court found that the petitioner did not file the application within the statutory period of limitation and also failed to provide a sufficient explanation for the delay. The petition was ultimately dismissed.