2000 (2) TMI 854 - SC - Indian Laws

Summary

The Supreme Court dismissed the appeal of a chit fund company in a case where the arbitration award was set aside due to improper reference without notice to the respondents. The court held that the time taken for arbitration could not be excluded for filing a civil suit, as the reference to arbitration was deemed improper. The appellant's suit was held to be beyond the time limit, and the appeal was dismissed.