Enforcement of Arbitral Awards and Decrees in India
July 05, 2022

 

The growth of international commerce has necessitated the creation of efficient methods of resolution of disputes. In some situations, 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. The enforcement of these awards/judgments where the party is in absentia is sometimes more complicated than one where the opposite party has participated in the proceedings. In certain situations, objections have been raised even against costs awarded by the tribunal or the jurisdiction of the tribunal or court, as the case may be. Therefore, the stage of enforcement of an award or decree warrants a high degree of caution.

A few steps that are crucial for ensuring successful enforcement of arbitral awards and execution of decrees are:

  • Making effective service on opposite party/ judgment debtor is crucial to prevent objections at later stage;

  • Taking necessary steps by way of attachment/ notice/ arrest/ appointment of receiver or in another manner;

  • Remember that principles of natural justice apply to even execution proceedings.

The enforcement landscape in India has witnessed certain key developments - starting from notification of UAE as a reciprocating territory for execution of decrees to the judiciary’s clarification on the limitation periods of enforcement of foreign awards and judgments, and many more.

 

Mr. Moazzam Khan, Head-Global Litigation, Nishith Desai Associates with Mr. Michael Hwang SC, former Chief Justice of the Dubai International Financial Centre Courts at the signing ceremony of the Guide on Mutual Recognition and Enforcement of Civil and Commercial Judgments in DIFC Courts and India on September 14, 2018. A pro-bono effort was undertaken by NDA jointly with DIFC Courts to help parties with a comprehensive practical guidance and innovate ways to enforce civil and commercial judgments in India and DIFC Courts.

 

In our latest paper, we provide an overview of the law and a practical insight into enforcement of awards and decrees in India.

Please click here to access our paper. Hope you find this useful.

Please do not hesitate to contact us if you have any queries.

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

Do visit us at www.nishithdesai.com.

 


Disclaimer

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

This Hotline provides general information existing at the time of preparation. The Hotline 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 Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.


Enforcement of Arbitral Awards and Decrees in India

July 05, 2022

 

 

The growth of international commerce has necessitated the creation of efficient methods of resolution of disputes. In some situations, 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. The enforcement of these awards/judgments where the party is in absentia is sometimes more complicated than one where the opposite party has participated in the proceedings. In certain situations, objections have been raised even against costs awarded by the tribunal or the jurisdiction of the tribunal or court, as the case may be. Therefore, the stage of enforcement of an award or decree warrants a high degree of caution.

A few steps that are crucial for ensuring successful enforcement of arbitral awards and execution of decrees are:

  • Making effective service on opposite party/ judgment debtor is crucial to prevent objections at later stage;

  • Taking necessary steps by way of attachment/ notice/ arrest/ appointment of receiver or in another manner;

  • Remember that principles of natural justice apply to even execution proceedings.

The enforcement landscape in India has witnessed certain key developments - starting from notification of UAE as a reciprocating territory for execution of decrees to the judiciary’s clarification on the limitation periods of enforcement of foreign awards and judgments, and many more.

 

 

Mr. Moazzam Khan, Head-Global Litigation, Nishith Desai Associates with Mr. Michael Hwang SC, former Chief Justice of the Dubai International Financial Centre Courts at the signing ceremony of the Guide on Mutual Recognition and Enforcement of Civil and Commercial Judgments in DIFC Courts and India on September 14, 2018. A pro-bono effort was undertaken by NDA jointly with DIFC Courts to help parties with a comprehensive practical guidance and innovate ways to enforce civil and commercial judgments in India and DIFC Courts.

 

In our latest paper, we provide an overview of the law and a practical insight into enforcement of awards and decrees in India.

Please click here to access our paper. Hope you find this useful.

Please do not hesitate to contact us if you have any queries.

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

Do visit us at www.nishithdesai.com.

 


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Benchmark Litigation Asia-Pacific: Tier 1 for Tax, Labour and Employment, International Arbitration, Government and Regulatory, 2021

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RSG-Financial Times: India’s Most Innovative Law Firm 2019, 2017, 2016, 2015, 2014


Disclaimer

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

This Hotline provides general information existing at the time of preparation. The Hotline 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 Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

 
 

 

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Chambers and Partners Asia-Pacific: Band 1 for Employment, Lifesciences, Tax and TMT, 2022

AsiaLaw Asia-Pacific Guide 2022: Ranked ‘Outstanding’ for Media & Entertainment, Technology & Communications, Labor & Employment, Regulatory, Private Equity, Tax

Who's Who Legal: Thought Leaders India 2022: Nishith M Desai (Corporate Tax - Advisory, Corporate Tax - Controversy and Private Funds – Formation), Vikram Shroff (Labour & Employment and Pensions & Benefits) and Vyapak Desai (Arbitration)

Benchmark Litigation Asia-Pacific: Tier 1 for Tax, Labour and Employment, International Arbitration, Government and Regulatory, 2021

Legal500 Asia-Pacific: Tier 1 for Tax, Data Protection, Labour and Employment, Private Equity and Investment Funds, 2021

IFLR1000: Tier 1 for Private Equity and Tier 2 for Project Development: Telecommunications Networks, 2021

FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)

RSG-Financial Times: India’s Most Innovative Law Firm 2019, 2017, 2016, 2015, 2014