What is the prescribed time limit under the Arbitration Act, 1940 for submitting an application to annul an award or to have it sent back for reconsideration?

Show Answers

Thirty days from the date the award is officially servedSixty days from the date the notice of award filing is servedNinety days from the date the notice of award filing is receivedNone of the above

Explanation

According to the Arbitration Act, 1940, the application to challenge or request reconsideration of an award must be filed within thirty days starting from the date the award is served. Options B and C suggest longer periods which are incorrect, and option D is invalid.