Provisions of Limitation Act is applicable to arbitration proceedings initiated under section 18(3) MSMED Act: SC

CL/ARBITRATION ACT: By virtue of section 43 of Arbitration amp; Conciliation Act, 1996 (1996 Act), Limitation Act, 1963 is applicable to arbitration proceedings under section 18(3) of Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act, 2006) and MSMED Act, 2006 being a special statute, will have an overriding effect vis-a-vis 1996 Act, which is a general Act

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