VidhiSangh

Supreme Court of India · 19/08/2025

GEOJIT FINANCIAL SERVICES LTD. versus SANDEEP GURAV

[2025] 8 S.C.R. 1427 · 2025 INSC 1021

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Summary

The High Court dismissed the appellant's Section 37 appeal holding its Section 34 petition time-barred because the Section 33 application it had filed sought review on merits and so fell outside Section 33, making limitation run from receipt of the award. The Supreme Court held that where a Section 33 request is made within thirty days of receipt of the award and with notice to the other party, limitation under Section 34(3) runs from the date that request is disposed of, whatever its outcome or the reason for its dismissal, and remanded the appeal.

Issues

  1. Whether the three-month limitation under Section 34(3) of the Arbitration and Conciliation Act, 1996 commences from the date of disposal of an application under Section 33 even where the arbitral tribunal makes no correction or dismisses the application.
  2. Whether it is relevant, for computing limitation under Section 34(3), that the request made under Section 33 fell outside the parameters of that provision.

Provisions considered

Held

Result

Appeal allowed; High Court order dated 12.02.2021 set aside; matter remanded to the High Court for consideration of the Section 37 appeal on its own merits in accordance with law; pending applications disposed of.

Judgment PDF: Supreme Court of India, [2025] 8 S.C.R. 1427.