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Question

An application for setting aside an arbitral award must be made by the party after receiving the award within:

A
three months
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B
thirty days
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C
ninety days
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D
forty days
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Solution

The correct option is B three months
Section 34(3) of the Arbitration Act, 1996, provides for limitation period for filing application for setting aside award and says that an application for setting aside an arbitral award must be made within 3 months of receiving the award or disposition of application by the arbitral tribunal.

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