SUPREME COURT CLARIFIES APPLICABILITY OF LIMITATION ACT TO ARBITRATION PROCEEDINGS UNDER MSMED ACT

In a pivotal ruling delivered on July 17, 2025, by the Supreme Court in the case of M/s Sonali Power Equipments Pvt. Ltd. v. Chairman, Maharashtra State Electricity Board & Ors. (Civil Appeal Nos. 9524-9532 of 2025),…