Supreme Court”) in the matter of
Government of Maharashtra v. M/s Borse Brothers Engineers & Contractors Pvt. Ltd. (“
Borse Brothers”) overturned one of its earlier verdict in the matter of
NV International V. State of Assam (“
NV International”).
1 The Supreme Court clarified that an aggrieved party must file an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 (“
A&C Act”) within 60 days from date of order. The Supreme Court further held that a delay in filing appeals under Section 37 of the A&C Act can be condoned by the appellate court. However, such condonation must be granted only by way of exception and is permissible if the delay is ‘short’.