
Summary: In Krishna Devi v. Union of India, the Supreme Court held that the limitation period to challenge an arbitral award begins when a party becomes aware of the award — not when formal notice is received. This ruling curbs delaying tactics and prioritises substance over procedure. Though rooted in the 1940 Act, it signals a shift in interpreting timelines under the 1996 regime, urging parties to act on knowledge, not wait for paperwork.Continue Reading Knowledge Over Notice: Rethinking Arbitration Timelines in India “Justice delayed is justice denied — but what if delay is disguised as procedure?”


