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2023 (9) TMI 171 - SC ORDERInterpretation of statute - disposal of an application under Section 33 of Arbitration and Conciliation Act, 1996 would be the starting point for limitation or not - HELD THAT:- Once the arbitral award has been amended or corrected, it is the corrected award which has to be challenged and not the original award. The original award stands modified, and the corrected award must be challenged by filing objections. In the present case, the objections/application for setting aside the arbitral award were filed on 03.08.2018, which is within a period of ninety days from the date of the corrected award. Hence, the High Court was right in holding that the objections were filed within the limitation period. Even otherwise, the Court has the power to condone the delay for further period of thirty days. Application for condonation of delay can be filed at anytime till the proceedings are pending. Of course, exercise of discretion and whether or not the delay should be condoned is a different matter. There are no good ground and reason to interfere with the impugned judgment - SLP dismissed.
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