Limitation Act, 1963 applicable to appointment of arbitrator u/S.11(6) of Arbitration Act: SC

The Supreme Court (SC), while dealing with the issue of whether the Limitation Act, 1963 (Limitation Act) is applicable to an application for appointment of arbitrator under Section 11(6) of the Arbitration and Conciliation Act, 1996 (A&C Act) has held that, by virtue of Section 43 of the A&C Act, the provisions of Limitations Act would apply to arbitration proceedings. The SC further noted that limitation period of 3 years as per Article 137 of the Limitation Act applies to a petition under Section 11(6) of the A&C Act.