In Brief
N.V. International sought a Special Leave Petition against a state order arising from an arbitral award, but filed the original appeal 142 days after the award, exceeding the statutory 90-day period under the Arbitration and Conciliation Act, 1996. While acknowledging prior case law permitting a 30-day grace period under the Limitation Act (totalling 120 days), the Supreme Court held that delays beyond this threshold would not be condoned. The Court emphasized that speedy resolution of arbitral disputes is fundamental to arbitration law and strengthened through successive amendments. The petition was dismissed as the delay of 142 days exceeded the permissible 120-day limit.
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