law: Arbitration Act 1940
  Section 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 sub-section (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
  (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.
  (3) An application for setting aside may not
  
  be made after three months have elapsed from the date on which the 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 been 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 appropriate and it is so request 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 take action as in the opinion of arbitral tribunal will
  
  eliminate the grounds for setting aside the arbitral award.