Nature of grievance

ARBITRATION ALIKE OF ARTICLE 19, WHEN THE LENDER HAS GIVEN A CHEQUE FOR THE MONEY: Where money is lent by way of cheque, and where there exist any Arbitration Agreement between the Parties therein, Arbitration proceedings may be initiated for the recovery of money lent, within 3 years (unless otherwise agreed) from the date when the cheque was paid, having regard to Article 20 of the Indian Limitation Act, 1963