In this update we share our analysis on a recent development. The High Court of Bombay rejects allegations of bias against the tribunal and enforces a foreign award under Section 48 of the Arbitration and Conciliation Act, 1996.
The Court has adopted a welcome pro-enforcement approach, which amplifies India’s efforts to be seen as a pro-arbitration destination. The Court recognised that unsuccessful parties would go to any lengths to resist enforcement and that the approach in dealing with such cases should be circumspect so as to allow award debtors minimal maneuverability in their attempts to escape liability under arbitral awards.
The Bar Council of India does not permit solicitation of work and advertising by legal practitioners and advocates. By accessing the Shardul Amarchand Mangaldas & Co. website (our website), the user acknowledges that:
Click here for important public notice from the Firm.