https://www.taxtmi.com/caselaws?id=374209 Foreign award enforcement under Section 48 cannot be refused by reappraising evidence or reviewing the merits, and objections based on alleged perversity, non-consideration of documents, or contractual interpretation do not by themselves establish violation of fundamental policy or natural justice. The Court also held that specific performance and share transfer directions were not unenforceable merely because of an alleged lack of express readiness-and-willingness pleading or supposed FEMA pricing concerns, since a domestic-law breach alone is insufficient unless it offends the narrow public policy grounds. The foreign awards were therefore held enforceable in India. en-us Mon, 07 Jan 2019 00:00:00 +0530 Tue, 29 Jan 2019 07:23:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374209 Foreign award enforcement under Section 48 cannot be refused by reappraising evidence or reviewing the merits, and objections based on alleged perversity, non-consideration of documents, or contractual interpretation do not by themselves establish violation of fundamental policy or natural justice. The Court also held that specific performance and share transfer directions were not unenforceable merely because of an alleged lack of express readiness-and-willingness pleading or supposed FEMA pricing concerns, since a domestic-law breach alone is insufficient unless it offends the narrow public policy grounds. The foreign awards were therefore held enforceable in India. Case-Laws Indian Laws Mon, 07 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374209