Analysis Of Unexplained Delay In Rendering The Arbitral Award As Ground For Challenge Under Section 34 Of The Arbitration And Conciliation Act

Justice delayed, is Justice denied:

William E. Gladstone

Arbitration Law in India have been amended repeatedly, however despite of several amendments, India still lags from becoming an international arbitration hub because of several reasons, one of which is the inordinate delay in passing of arbitration award. It goes without saying that speedy resolution of dispute is fundamental principal of Arbitration as delay undermines the raison d'être of arbitration, weakens public confidence in the arbitral process, and denies justice to the winning party during the period of delay.

Indian Parliament as well as Judiciary, from time to time have taken landmark steps which led to promoting India as an international arbitration hub. Recently, the  Hon'ble High Court of Delhi in "Director General Central Reserve Police Force vs. Fibroplast Marine Pvt. Ltd"¹dated 4^th May 2022 has reaffirmed that if a legal remedy is available for a party that has suffered some injury, but