Enforcement Foreign Awards
Request a QuoteAs per Enforcement Foreign Awards Act, 1961, foreign arbitration awards of New York convention countries can be enforced in India. The above said act was enacted by the Government of India to enable effect to the convention on the recognized and enforcement of foreign arbitration awards, done at New York in 1958. Government of India has notified a list of countries that are recognized for the purpose of execution of foreign arbitration awards. The list of 'reciprocating territories' notified by the Government of India in the Gazette of India, for the purposes of S.44 of the Arbitration and Conciliation Act 1996 ('1996 Act') comprises the following 46 States: Austria, Belgium, Botswana, Bulgaria, Central African Republic, Chile, Cuba, Czechoslovak Socialist Republic, Denmark, Republic of Korea, Kuwait, Malagasy Republic, Malaysia, Mexico, Morocco, The Netherlands, Nigeria, Norway, Philippines, Poland, Romania, San Marino, Ecuador, The Arab Republic of Egypt, Finland, France, German Democratic Republic, Federal Republic of Germany, Ghana, Greece, Hungary, Italy, Republic of Ireland, Japan, Singapore, Spain, Sweden, Switzerland, Syrian Arab Republic, United Republic of Tanzania, Thailand, Trinidad and Tobago, Tunisia, UK, the United States of America and USSR. In addition to the above list of countries, Government of India has recently taken a decision to notify China and Hong Kong also as countries recognized by India for the above said purpose. The firm has strong experience and expertise in handling execution of foreign arbitration awards and related litigation also.