execute foreign awards. The foreign award does not
transform into a decree of a civil court in India. The foreign award does ... appropriate provision for
execution of a foreign award. In the present case, the foreign award was passed on
18.01.2011, and the Respondents
vested right to have the foreign award enforced under the
Foreign Awards Act (Foreign Awards (Recognition and
Enforcement ... foreign award to have that award
enforced under the Foreign Awards Act.
42. We, therefore, hold that the award given
foreign award is to be sought by the award holder before
seeking to enforce the foreign award?
iii) Whether a foreign award ... application under
Section 48 of the 1996 Act to resist the foreign award or
objections as to the enforceability of a foreign award
Vijay Karia vs Prysmian Cavi E Sistemi Srl on 13 February, 2020
Equivalent citations: AIR
M/S Arif Azim Co. Ltd vs M/S Micromax Informatics Fze on 7 November
learned senior counsel for
the appellant, has, in our view, no application to the facts of the present
cases. The Bench concluded ... case (supra), this court was concerned with
enforcement of a foreign award and execution thereof. In respect of a
foreign award
cases on the enforcement of domestic and foreign arbitral
awards where the amount is expressed in foreign currency:
9.1 In Fuerst Day Lawson ... which the objections to the enforcement of the award are finally
rejected and the foreign award becomes enforceable would
Renusagar Power Co. Ltd vs General Electric Co on 7 October, 1993
Equivalent citations: 1994
been passed by the Court in
terms of an award made in a foreign currency a sixth date also
enters, the competition, namely ... similar question came for consideration. In the said
case, a foreign award was under consideration and the Arbitral
Tribunal awarded the same
same."
36. This was the arena of domestic arbitration and domestic award.
International Scenario -
37. Difficulties were also being faced in the International ... followed by the Geneva
Convention on the execution of Foreign Arbitrated Awards, 1927 and is
popularly known as the "Geneva Convention
