Certainly. Based on the provided legal document, here are the key points:

1. An application under Section 20 of the Arbitration Act must be filed within three years from the date when the dispute or difference between the parties arises. The right to apply accrues at the moment the dispute in fact arises, which is a question of fact to be determined based on the circumstances of each case (!) (!) .

2. In family arrangements or settlements, technical considerations such as limitation periods should be secondary to the goal of maintaining peace and harmony. Such settlements are often upheld if entered into bona fide and with the intent of fostering family goodwill (!) (!) .

3. The period of limitation prescribed by law applies to applications under Section 20, and the limitation begins when the dispute in fact arises, not necessarily when negotiations or discussions are ongoing. Correspondence exchanged between parties can be indicative of when a dispute has actually arisen (!) (!) .

4. The right to file an application under Section 20 of the Arbitration Act is deemed to accrue at the time when a dispute or difference becomes apparent, which can be evidenced by correspondence or other acts indicating disagreement. The last communication or act that shows the dispute is critical in determining the start of limitation (!) (!) .

5. In family disputes, the courts tend to adopt a broader and more flexible approach, emphasizing the importance of settling disputes amicably to preserve peace and harmony. Technical rules of limitation are often relaxed or viewed with leniency in such contexts (!) (!) .

6. The interpretation of when a dispute arises should consider the nature of negotiations and correspondence. If parties are still attempting to resolve issues amicably, the dispute is not deemed to have fully arisen, and the limitation period may not have commenced (!) (!) .

7. It is recognized that family settlements or arrangements are governed by a special equity, and courts generally favor upholding such arrangements, especially when entered into bona fide and with the objective of maintaining familial harmony (!) (!) .

8. The enforcement of family settlements should not be hindered by trivial technicalities of limitation, as doing so could undermine the purpose of such arrangements, which is to promote peace and goodwill among family members (!) (!) .

9. When a dispute is ongoing and parties are engaged in negotiations or efforts to settle, the limitation period does not necessarily start. It begins only when a clear dispute or disagreement has been established, often evidenced by correspondence indicating an impasse or assertion of rights (!) (!) .

10. The appointment of arbitrators and the conduct of arbitration proceedings are governed by the arbitration agreement, and courts generally prefer arbitration as a means of dispute resolution, especially in family and commercial contexts where maintaining relationships is valued (!) (!) .

Please let me know if you need further elaboration or assistance regarding specific aspects of this case.