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New Publication: Enforcement of Arbitral Awards and Decrees in India

New Publication: Enforcement of Arbitral Awards and Decrees in India

Posted by By at 21 February, at 09 : 27 AM Print


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Domestic and Foreign

Feburary 21, 2024

 

The growth of international commerce has necessitated the creation of efficient methods of resolution of disputes. In certain cases, securing an award or a final judgment from the courts may only be a battle half won; this is especially true in the Indian context.

We have come across situations where the opposite parties decide to not participate in the arbitral process or abandon it mid-way. They may however choose to resist enforcement of the award or decree. The enforcement of awards/judgments where the party is in absentia is sometimes more complicated than one where the opposite party has participated in the proceedings. Meanwhile, there may also be cases where the award or decree sought to be executed doesn’t meet the legal requirements whose execution may be resisted on grounds available under law. Therefore, the stage of enforcement of an award or decree warrants a high degree of caution.

We have given an overview of the law and a practical insight into enforcement of awards and decrees in India in our latest paper.

Please click here to access our paper.

Regards,

Shweta Sahu and Vyapak Desai

 

For any help or assistance, please email us on concierge@nishithdesai.com.

Do visit us at www.nishithdesai.com.

 


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The contents of this Publication should not be construed as legal opinion. View detailed disclaimer.

This Publication provides general information existing at the time of preparation. The Publication is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Publication. It is recommended that professional advice be taken based on the specific facts and circumstances. This Publication does not substitute the need to refer to the original pronouncements.
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