https://www.taxtmi.com/caselaws?id=109500 An arbitral award becomes enforceable under section 36 of the Arbitration and Conciliation Act, 1996 once a section 34 application is refused by the court of first instance; the statute does not require exhaustion of all appellate remedies before execution. The scheme of sections 34, 36 and 37 treats refusal of the section 34 challenge as the operative trigger for enforceability, while an appeal against that refusal is a separate remedy and does not, by itself, suspend execution. In the absence of a stay order, pendency of an appeal does not bar enforcement, and the award remained executable despite the pending appeal before the Supreme Court. en-us Wed, 19 Nov 2003 00:00:00 +0530 Tue, 10 Apr 2012 15:05:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109500 An arbitral award becomes enforceable under section 36 of the Arbitration and Conciliation Act, 1996 once a section 34 application is refused by the court of first instance; the statute does not require exhaustion of all appellate remedies before execution. The scheme of sections 34, 36 and 37 treats refusal of the section 34 challenge as the operative trigger for enforceability, while an appeal against that refusal is a separate remedy and does not, by itself, suspend execution. In the absence of a stay order, pendency of an appeal does not bar enforcement, and the award remained executable despite the pending appeal before the Supreme Court. Case-Laws Companies Law Wed, 19 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109500