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State Of Goa vs M/S Praveen Enterprises on 4 July, 2011

Infact, the decision rendered by the Hon'ble Supreme Court in State of Goa vs. Praveen Enterprises referred supra in Paragraph 13 of the said Judgment, the Hon'ble Supreme Court has categorically stated that “having regard to Section 43 of the Act, any claim made beyond period of limitation prescribed by the Limitation Act, 1963 will be barred by limitation and the Arbitral Tribunal will have to reject such claims as barred by limitation”. Therefore, from the evidence available on record, the claim of the Appellant before the Arbitral Tribunal is barred by the Law of Limitation. Limitation can never be cured and as leniency can be shown by the counsels even if the claim is a genuine one. The statutory period of limitation can never be cured and no leniency can be shown by the Courts, even if the claim is a genuine one.
Supreme Court of India Cites 23 - Cited by 197 - R V Raveendran - Full Document
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