Dispute Resolution Hotline March 03, 2020

UAE judgments find their way to execution in India


This article was originally published in the 27th February 2020 edition of


According to official records, the UAE has invested over US$ 5 billion in India through FDI (Foreign Direct Investment) and FII (Foreign Institutional Investors) routes which makes UAE one of the top investors in India; India is also a third largest investor in UAE. As per an estimate published by the Indian Embassy, there has been a growth of 20.09% in India-UAE trade in 2018-19.

Such steep rise in the number of cross-border transactions between India and UAE has also resulted in a proportionate rise in commercial disputes. This has further necessitated efficient methods of dispute resolution, and enforcement of consequent decrees in both the countries. Therefore, in the absence of an effective enforcement mechanism, securing a judgment from courts may only be a battle half won.

This article discusses the transition in the procedure applicable to execution of judgments from UAE courts in India pursuant to a recent notification issued by the Central Government of India, and the implications thereof.

For compete article, please click here.

Mission and Vision


Distinctly Different


Webinars

NDA cCep: Upcoming Programs
April 06, 2020

Seminar

NASSCOM HR Forum: An interactive workshop on "The Code on Wages 2019"
February 25, 2020

This event is over. For event material please click here


Round Table

Indian Infrastructure Sector – Decoding InvITs
November 14, 2019

This event is over. For event material please click here

Want to work with us?


HIRING Now!!

Inviting Top Talent for our Corporate Law, Infrastructure, IP and International Tax Practices

Strong credentials in Corporate Law (in particular M&A or Fund Investment), Infrastructure, IP or International Tax? Now’s the time to apply. We’re looking for the industry's best talent with scope to do extraordinary work for the world’s best, marquee clients. Reach out for a great career in a great place!

Write to happiness(at)nishithdesai.com


TO LEARN MORE ABOUT US

CLICK HERE.


Nishith Desai Associates 2013. All rights reserved.