Order reversed, on the law, with $50 costs and disbursements, application for a stay of arbitration denied, and the parties are directed to proceed to arbitration forthwith.
Inasmuch as the claimant's notice of intention to arbitrate was served on or about May 14, 1980, in compliance with the requirements of CPLR 7503 (subd [c]), and the instant proceeding was not commenced until on or about September 24, 1980, well beyond the 20-day period of limitations set forth...
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