https://www.taxtmi.com/caselaws?id=221727 A foreign award may be resisted at the enforcement stage only on a showing that it is contrary to the public policy of India, including patent illegality, and no such ground arose here. Under the CIF contract and Section 26 of the Sale of Goods Act, the sellers' risk did not pass on shipment or on tender of documents because the goods were shipped late and on a non-conforming vessel. The reimbursement clause was treated as a commercial allocation of risk, not an in terrorem penalty, and was not void under Sections 23 and 74 of the Contract Act. Enforcement of the award was upheld. en-us Wed, 12 Oct 2011 00:00:00 +0530 Wed, 25 Sep 2013 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221727 A foreign award may be resisted at the enforcement stage only on a showing that it is contrary to the public policy of India, including patent illegality, and no such ground arose here. Under the CIF contract and Section 26 of the Sale of Goods Act, the sellers' risk did not pass on shipment or on tender of documents because the goods were shipped late and on a non-conforming vessel. The reimbursement clause was treated as a commercial allocation of risk, not an in terrorem penalty, and was not void under Sections 23 and 74 of the Contract Act. Enforcement of the award was upheld. Case-Laws Indian Laws Wed, 12 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221727