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    <title>2002 (9) TMI 758 - HIGH COURT OF ANDHRA PRADESH</title>
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    <description>Enforcement of a foreign award under section 48 is confined to the limited Convention grounds; the &quot;agreement&quot; refers to the arbitration agreement, not the underlying commercial contract. The resisting party had to prove the alleged invalidating foreign law and denial of a fair opportunity, but produced no satisfactory proof, and the objection had already been rejected by the foreign supervisory court. The award was therefore enforceable. Once enforceable, execution could proceed in the same proceeding without a separate execution petition. The award amount was to remain in U.S. dollars, and statutory post-award interest applied from the date of the award because no contrary direction was shown. The decree-holder was also entitled to asset disclosure directions under Order 21 Rule 41 CPC.</description>
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    <pubDate>Mon, 09 Sep 2002 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=108822</link>
      <description>Enforcement of a foreign award under section 48 is confined to the limited Convention grounds; the &quot;agreement&quot; refers to the arbitration agreement, not the underlying commercial contract. The resisting party had to prove the alleged invalidating foreign law and denial of a fair opportunity, but produced no satisfactory proof, and the objection had already been rejected by the foreign supervisory court. The award was therefore enforceable. Once enforceable, execution could proceed in the same proceeding without a separate execution petition. The award amount was to remain in U.S. dollars, and statutory post-award interest applied from the date of the award because no contrary direction was shown. The decree-holder was also entitled to asset disclosure directions under Order 21 Rule 41 CPC.</description>
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