New Delhi, March 19 -- The Supreme Court has observed that a party cannot challenge the jurisdiction of an arbitral tribunal after participating in proceedings without objection and receiving an adverse award.
A Bench of Justices J.K. Maheshwari and Atul S. Chandurkar observed that allowing such delayed objections would undermine the principles of arbitration and alternative dispute resolution.
While the ruling reinforces the efficiency and finality of arbitration, it also increases the compliance burden on micro, small and medium enterprises (MSMEs), which may lack sophisticated legal resources and risk inadvertently forfeiting important rights due to delayed action.
No Scope for Delayed Objections
The Court noted, A party cannot k...