J&K&L HC Quashes 65-Year-Old's Detention, says Cattle Smuggling isn't Public Disorder  ||  Karnataka HC Bars Denial of MV Inspector Posts over Experience with Non-Existent HGV/HPV Vehicles  ||  P&H HC: Lengthy Incarceration alone is No Substantial Change for Repeat Bail Plea  ||  Meghalaya HC Flags Amicus' Non-Appearance amid Lawyers' Strike, Stresses Loyalty to Justice  ||  MP HC: Arms Act doesn't allow Sports Firearm Licence Conversion to Self-Defence Category  ||  Delhi HC: Public Funding of LTC, CGHS Benefits doesn't Mandate Personal Disclosure under RTI  ||  Delhi HC: Fake Caste Certificate alone cannot Justify Removing Advocate from State Rolls  ||  Delhi HC Refuses to Stop Sale of 47 Law Books in Family Copyright Dispute  ||  Supreme Court: S. 394 IPC Conviction Requires Proof of Robbery or Attempted Robbery  ||  Supreme Court Questions MP HC's Cryptic Reduction of Murder Conviction as 'Shocking'    

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