In Brief
Jayesh H. Pandya and another challenged the dismissal of their arbitration petition seeking to terminate an arbitrator for exceeding the four-month time limit contractually prescribed for completing proceedings. The arbitrator lacked the parties' consent to extend time, yet the appellants objected to extension. The Supreme Court held that parties are bound by their contractual time limits and that waiver requires voluntary choice—not implicit surrender. Since the appellants clearly objected to the extension, they did not waive their contractual right to termination. The appeal was allowed.
The lawyer headnote and full judgment text are available to registered users.