Blog by Niti Manthan
Facilitating young minds towards holistic development.
Arbitration as a means of dispute resolution mechanism has gained importance internationally due to the increasing trend of cross-border trade. The enforcement of foreign arbitral awards in India is based on the principle of furthering India’s pro foreign investment climate. To achieve this goal, the laws relating to the enforcement of arbitral awards have regularly been amended to incorporate simplified and quick enforcement procedures. This article provides an overview into the various aspects of enforcing a foreign award in India.