Search Results for Tag : Arbitral Awards

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Delhi High Court Says No to Defenses Under FEMA For Enforcement of Foreign Arbitral Awards(17.04.2017)

Delhi High Court has held that foreign arbitral award can be enforced in India pertaining to put options, exit at assured return, and guarantee arrang.....

Tags : Delhi High Court, Foreign Arbitral Awards

Supreme Court Refers Question of Modification of Arbitral Awards to Larger Bench(24.01.2025)

Supreme Court has referred the question whether arbitral awards can be modified by Courts under Section 34 and 37 of the Arbitration and Conciliation .....

Tags : Supreme Court, Arbitral Awards, Larger Bench

Cal. HC: To Prevent Arbitral Awards from Becoming Meaningless They Should be Made Real(19.04.2024)

Calcutta High Court while hearing an application under Section 9 of the Arbitration and Conciliation Act, 1996, has held that serious attempts must be.....

Tags : Calcutta High Court, S.9 of A&C Act, Arbitral Awards

SC Strikes Down Law Allowing Kerala to Annul Arbitration Clause and Arbitration Awards(05.05.2022)

Supreme Court has struck down the Kerala Revocation of Arbitration Clauses and Reopening of Awards Act, 1998, saying it was “unconstitutional” as it v.....

Tags : Supreme Court , separation of powers, unconstitutional, arbitral awards, arbitration clause

Supreme Court: Appellate Courts Must Limit Interference in Arbitral Awards(29.01.2025)

Supreme Court has observed that Appellate Courts must limit their interference in arbitral awards and it should be done only in cases of perversity, v.....

Tags : Supreme Court, Appellate Courts, Arbitral Awards

Calcutta HC: Disputes u/s 31 of SRA though Arbitrable, Arbitral Awards Not Binding on 3rd Parties(16.04.2025)

Calcutta High Court has held that while disputes relating to the cancellation of written instruments under Section 31 of Specific Relief Act, 1963 are.....

Tags : Calcutta High Court, Arbitral Awards, Third Parties

All. HC: Retroactive Application of Rulings to Arbitral Awards Would Create Legal & Procedural Chaos(21.10.2024)

All. HC has observed that if parties were allowed to reopen concluded arbitrations based on new judicial rulings, it would lead to a flood of claims s.....

Tags : Allahabad HC, Arbitral Awards, Retroactive Application

Supreme Court: Appellate Courts Have Limited Power to Modify Arbitral Awards(30.04.2025)

Supreme Court by a 4:1 majority has held that Appellate Courts while exercising powers under Section 34 or 37 of the Arbitration and Conciliation Act,.....

Tags : Supreme Court, Appellate Courts, Arbitral Awards