https://www.taxtmi.com/caselaws?id=165258 An arbitral award is neither a decree nor an order within the meaning of section 9(2) of the Presidency Towns Insolvency Act, 1909, because those expressions bear their ordinary CPC sense and refer to formal judicial determinations by a civil court. The statutory fiction that an award is enforceable "as if" it were a decree operates only for enforcement and cannot be expanded to other statutes. An insolvency notice also cannot be issued under section 9(2) on the basis of an arbitral award, since the provision is strict and confined to judicial decrees or orders. en-us Tue, 31 Oct 2006 00:00:00 +0530 Fri, 13 Oct 2017 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165258 An arbitral award is neither a decree nor an order within the meaning of section 9(2) of the Presidency Towns Insolvency Act, 1909, because those expressions bear their ordinary CPC sense and refer to formal judicial determinations by a civil court. The statutory fiction that an award is enforceable "as if" it were a decree operates only for enforcement and cannot be expanded to other statutes. An insolvency notice also cannot be issued under section 9(2) on the basis of an arbitral award, since the provision is strict and confined to judicial decrees or orders. Case-Laws Companies Law Tue, 31 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165258