- 1 - IN THE HIGH COURT OF JUDICATURE AT BOMBAY O.O.C.J. ARBITRATION PETITION NO.371 OF 2004 ... Shanmugaraja Shipping Mills Ltd. ...Petitioner v/s. M/s.Prestige International and anr. ...Respondents ... Mr.Y.P. Yagnik for the Petitioner. Mr.A.Y.Bookwala with Mr.Tushar Bhavsar i/b A.V.Jain & Associates for the Respondents. ... - 2 - CORAM: D.K.DESHMUKH, J. DATED: 16TH JANUARY,2006 P.C.: 1. The Respondents have raised an objection to the maintainability of the petition. According to the Respondents, the petition is barred by the law of limitation. In paragraph 5 of the Petition, the Petitioner states thus:- 5. The Applicant states that the Applicant has received impugned Award dated 12-08-2003 posted on 18-8-2003 at Mumbai after six days of order and received on 23-8-2003 only, therefore, the present Application is well within the limitation. 2. Thus, the period of three months which is provided by Section 34 of the Arbitration Act for - 3 - filing the petition will commence on 24-8-2003 and would expire on 24-11-2003. Under Section 34 of the Arbitration Act, the court has power to condone the delay of maximum period of 30 days. That period would be over on 24-12-2003. As per the office record, this petition has been lodged in the court on 31-12-2003. Petition, thus, is barred by the law of limitation. It is disposed of as such. ...