https://www.taxtmi.com/caselaws?id=275742 A foreign arbitral award under Part II of the Arbitration and Conciliation Act, 1996 is treated as falling within the special recognition and enforcement scheme in Sections 44 to 49. The text states that the Indian Stamp Act does not expressly require separate stamping of a foreign award, and such a requirement should not be implied to defeat enforcement. Once the statutory conditions for enforceability are satisfied, the award is to be enforced in India in the manner contemplated by the Act, without multiplicity of proceedings. On that basis, the stamp-duty objection is rejected. en-us Fri, 28 Sep 2012 00:00:00 +0530 Mon, 15 Oct 2018 12:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275742 A foreign arbitral award under Part II of the Arbitration and Conciliation Act, 1996 is treated as falling within the special recognition and enforcement scheme in Sections 44 to 49. The text states that the Indian Stamp Act does not expressly require separate stamping of a foreign award, and such a requirement should not be implied to defeat enforcement. Once the statutory conditions for enforceability are satisfied, the award is to be enforced in India in the manner contemplated by the Act, without multiplicity of proceedings. On that basis, the stamp-duty objection is rejected. Case-Laws Indian Laws Fri, 28 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275742