law: The Arbitration and Conciliation Act, 1996
  43. Limitations.
  1.  
  
    The
  
  Limitation Act, 1963 (36 of 1963), shall apply to arbitrations as it applies to
  
  proceedings in court.
  2.  
  
    For
  
  the purposes of this section and the Limitation Act, 1963 ( 36 of 1963), an
  
  arbitration shall be deemed to have commenced on the date referred in section
  
  21.
  3.  
  
    Where
  
  an arbitration agreement to submit future disputes to arbitration provides that
  
  any claim to which the agreement applies shall be barred unless some steps to
  
  commence arbitral proceedings is taken within a time fixed by the agreement,
  
  and a dispute arises to which the agreement applies, the Court, if it is of
  
  opinion that in the circumstances of the case undue hardship would otherwise be
  
  caused, and notwithstanding that the time so fixed has expired, may on such
  
  terms, if any, as the justice of the case may require, extend the time for such
  
  period as it thinks proper.
  4.  
  
    Where
  
  the Court orders that an arbitral award be set aside, the period between the
  
  commencement of the, arbitration and the date of the order of the Court shall
  
  be excluded in computing the time prescribed by the Limitation Act, 1963 (36 of
  
  1963), for the commencement of the proceedings (including arbitration) with
  
  respect to the dispute so submitted.