law: The Arbitration and Conciliation Act, 1996
  Chapter VII Recourse
  
  against arbitral award
  34. Application for
  
  setting aside arbitral award.
  1.  
  
    Recourse
  
  to a Court against an arbitral award may be made only by an application for
  
  setting aside such award in accordance with sub-section (2) and subsection (3).
  
  
  2.  
  
    An
  
  arbitral award may be set aside by the Court only if-
  a.   the party making the
  
  application furnishes proof that-
   
  
   i.  
  
    a
  
  party was under some incapacity, or
   
  
   ii.  
  
    the
  
  arbitration agreement is not valid under the law to which the parties have
  
  subjected it or, failing any indication thereon, under the law for the time
  
  being in force; or
   
  
   iii.  
  
    the
  
  party making the application was not given proper notice of the appointment of
  
  an arbitrator or of the arbitral proceedings or was otherwise unable to present
  
  his case; or
   
  
   iv.  
  
    the
  
  arbitral award deals with a dispute not contemplated by or not falling within
  
  the terms of the submission to arbitration, or it contains decisions on matters
  
  beyond the scope of the submission to arbitration: Provided that, if the
  
  decisions on matters submitted to arbitration can be separated from those not
  
  so submitted, only that part of the arbitral award which contains decisions on
  
  matters not submitted to arbitration may be set aside; or
   
  
   v.  
  
    the
  
  composition of the arbitral tribunal or the arbitral procedure was not in
  
  accordance with the agreement of the parties, unless such agreement was in
  
  conflict with a provision of this Part from which the parties cannot derogate,
  
  or, failing such agreement, was not in accordance with this Part; or
  a.  
  
  
  b.   the Court finds that-
  
  
   
  
   i.  
  
    the
  
  subject-matter of the dispute is not capable of settlement by arbitration under
  
  the law for the time being in force, or
   
  
   ii.  
  
    the
  
  arbitral award is in conflict with the public policy of India.
  
  Explanation.-Without prejudice to the generality of sub-clause (ii), it is
  
  hereby declared, for the avoidance of any doubt, that an award is in conflict
  
  with the public policy of India if the making of the award was induced or
  
  affected by fraud or corruption or was in violation of section 75 or section
  
  81.
  1.  
  
  
  2.  
  
  
  3.  
  
    An
  
  application for setting aside may not be made after three months have elapsed
  
  from the date on which die party making that application had received the
  
  arbitral award or, if a request had been made under section 33, from the date
  
  on which that request had bow disposed of by the arbitral tribunal: Provided
  
  that if the Court is satisfied that the applicant was prevented by sufficient
  
  cause from making the application within the said period of three months it may
  
  entertain the application within a further period of thirty days, but not
  
  thereafter.
  4.  
  
    On
  
  receipt of an application under sub-section (1), the Court may, where it is 16
  
  appropriate and it is so requested by a party, adjourn the proceedings for a
  
  period of time determined by it in order to give the arbitral tribunal an
  
  opportunity to resume the arbitral proceedings or to take such other action as
  
  in the opinion of arbitral tribunal will eliminate the grounds for setting
  
  aside the arbitral award.