proceedings require the determination of the date
on which the amount decreed in foreign currency by a Superior Court
of a reciprocating territory ... Civil Procedure.
In the present case, for instance, the costs certificates / foreign
decrees could not be executed till the decision of the Court
proceedings require the determination of the date
on which the amount decreed in foreign currency by a Superior Court
of a reciprocating territory ... Civil Procedure.
In the present case, for instance, the costs certificates / foreign
decrees could not be executed till the decision of the Court
proceedings require the determination of the date
on which the amount decreed in foreign currency by a Superior Court
of a reciprocating territory ... Civil Procedure.
In the present case, for instance, the costs certificates / foreign
decrees could not be executed till the decision of the Court
money in Indian rupees,
which will be equivalent to the sum decreed in foreign
currency. It is but just that ... rate of
exchange then prevailing, the rupee equivalent of the
foreign currency sum decreed is higher than that mentioned
in the plaint for the purposes
conversion
rate to be applied to awards or decrees made in a foreign currency was
considered by the Supreme Court in Forasol (supra). The Supreme ... rate of exchange
then prevailing, the rupee equivalent of the foreign
currency sum decreed is higher than that mentioned in
the plaint for the purposes
relation to foreign awards. Once it is held that an award is a foreign
award, the provisions of the Foreign Awards Act would apply ... passed on a foreign judgment but that will not oust
jurisdiction of the Court to enforce a foreign award under the Foreign
Awards Act. Provisions
award is a foreign award.
(2) If the award or agreement to be produced under sub-section
(1) is in a foreign language, the party ... having jurisdiction to hear appeals from decrees of
courts subordinate to such High Court.”
“49. Enforcement of foreign awards.—Where the Court is
satisfied that
foreign award. The only difference as found is that while under the Foreign Award Act a decree follows, under the new Act the foreign award ... same. There arises no question of making foreign award as a rule of court/decrees again. If the object and purpose can be served
foreign judgment means an adjudication by a foreign Court upon the matter before it. It would be quite impracticable to hold that a foreign judgment ... applies to foreign judgments generally, and we must remember that some systems of foreign procedure may not recognise the distinction between decrees and orders with
ignored. It is submitted that these awards are foreign
awards which take effect as decrees of Court. The learned Senior Counsel has
referred ... Supp (2) SCC 280 for the proposition that the
awards and decrees are binding on the parties. Recognition alone may be asked