Execution of arbitration award

Kvijay12345 (Querist) 19 August 2015 This query is : Resolved
What is the maximum time duration in which the Execution proceedings for the execution of Arbitration award be filed? The Arbitration award was passed by the bank in March 2011, can the bank still file the execution proceeding after 4years for the execution of that arbitration award?

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Advocate Bhartesh goyal (Expert) 19 August 2015
Yes,Bank can file execution petition within 12 years from the date of Award.

R.K Nanda (Expert) 19 August 2015
depends on arbitration clause of agreement.

Rajendra K Goyal (Expert) 20 August 2015
Execution can be filed in 12 years however, full case file and orders need to be referred. consult your lawyer.

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