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2018 (9) TMI 2037 - SC - Indian LawsValidity of Arbitral Award - delay of 142 days in filing the appeal and 103 days in refiling the appeal - HELD THAT:- An appellate proceeding is a continuation of the original proceeding, as has been held in LACHMESHWAR PRASAD SHUKUL AND ORS. VERSUS KESHWAR LAL CHAUDHURI AND ORS. [1940 (12) TMI 26 - FEDERAL COURT], it is felt that any delay beyond 120 days in the filing of an appeal under Section 37 from an application being either dismissed or allowed under Section 34 of the Arbitration and Conciliation Act, 1996 should not be allowed as it will defeat the overall statutory purpose of arbitration proceedings being decided with utmost despatch. Since even the original appeal was filed with a delay period of 142 days, these Special Leave Petitions are inclined on the facts of this particular case - SLP disposed off.
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