Under Section 29 of The Arbitration And Conciliation Act, 1996 arbitral proceedings with more than one arbitrator, any decision of the arbitral tribunal ___
Explanation & Strategy
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Section 29A of the Arbitration Act (inserted by 2015 amendment) requires the arbitral award to be made within 12 months from the date the tribunal enters upon the reference. This can be extended by 6 months by consent of parties. Beyond that, only the court can extend. This timeline discipline was a major reform.