ISSUE:
- Whether the Arbitral Tribunal’s decision that Haldiram’s claim is not barred by limitation because Megha acknowledged her debt through email conversations complies with Section 18 of the Limitation Act?
- Whether, in light of the High Sea Sale Agreements’ choice of jurisdiction, the Arbitral Tribunal’s decision that it had territorial jurisdiction to decide Haldiram’s claims is legally sound and consistent with the parties’ intentions under the agreements?
RULE:
- The Arbitration and Conciliation Act of 1996 (A&C Act) controls the arbitration proceedings in this matter, while the Limitation Act of 1963 is consulted for concerns concerning the limitation period.