https://www.taxtmi.com/caselaws?id=191774 A foreign award made in London under English law could not be challenged in India under section 34 of the Arbitration and Conciliation Act, 1996, because the proper objections to the declaratory award on jurisdiction and tribunal constitution had to be taken under the foreign arbitral law and within its prescribed time. Having failed to do so, the parties could not reopen those issues in India. On enforcement, the court applied the narrow foreign-award public policy standard and held that alleged FEMA non-compliance, without more, did not justify refusal under sections 46 to 48. The award was therefore enforceable in India. en-us Wed, 08 Apr 2015 00:00:00 +0530 Fri, 21 Apr 2017 10:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191774 A foreign award made in London under English law could not be challenged in India under section 34 of the Arbitration and Conciliation Act, 1996, because the proper objections to the declaratory award on jurisdiction and tribunal constitution had to be taken under the foreign arbitral law and within its prescribed time. Having failed to do so, the parties could not reopen those issues in India. On enforcement, the court applied the narrow foreign-award public policy standard and held that alleged FEMA non-compliance, without more, did not justify refusal under sections 46 to 48. The award was therefore enforceable in India. Case-Laws Indian Laws Wed, 08 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191774