Supreme Court: Drug Users are Victims and Focus Must Be on Breaking the Supply Chain  ||  Supreme Court: Non-Signatories May Join Arbitration When the Dispute Affects Their Rights  ||  Delhi HC: Homemaker’s Services Cannot Be Ignored in Compensation Due to Age  ||  Kerala High Court Directs Photos and Videos of Illegal Vehicle Modifications in Accident Reports  ||  Madras HC: Property Acquired by Catholic Priests Belongs to the Religious Society  ||  Delhi HC: Pre-Marital Disability Cannot Be Used to Avoid Maintenance to Wife and Child  ||  Allahabad HC: Religious Freedom Does Not Confer a Right to a Specific Plot for Cemetery  ||  Allahabad HC: Dissatisfaction With Police Probe Alone Cannot Prove Wilful Neglect under SC/ST Act  ||  Kerala HC: Teachers Cannot Face Criminal Action for Trivial Classroom Discipline Measures  ||  Supreme Court: Past Ad Hoc Service Counts for Pension, Not Seniority Against Direct Recruits    

Armada (Singapore) Pte. Ltd. v. Ashapura Minechem Ltd. - (High Court of Bombay) (08 Sep 2015)

Execution of arbitration of arbitral award impermissible without permission of BIFR

MANU/MH/2374/2015

Arbitration

Mere violation of Indian law is not sufficient to raise an objection for enforcement of the foreign award under Section 48 of the Arbitration Act, 1996. In a case where Petitioner sought execution of awards made by a foreign arbitrator, the Court held that though the awards were decreed, the Petitioner could not go ahead the same without permission from the Board for Industrial and Financial Reconstruction, in violation of Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985.

Relevant : Section 22 Sick Industrial Companies (Special Provisions) Act, 1985 Act Tropic Shipping Company Limited vs. Kothari Global Limited MANU/MH/0790/2001 Penn Racquet Sports vs. Mayor International Ltd. MANU/DE/0147/2011

Tags : ARBITRATION   SICA   FOREIGN   BIFR  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved