https://www.taxtmi.com/caselaws?id=440500 An arbitral award not challenged under Section 34 of the Arbitration and Conciliation Act, 1996 may be resisted in execution under Section 47 CPC only if it is shown on the face of the record to be a nullity or affected by inherent lack of jurisdiction. A plea that requires deeper factual and legal examination, including whether an insolvency resolution plan extinguished the underlying claim, cannot ordinarily be raised at the execution stage. On the facts discussed, the approved resolution plan did not establish that the pending claim was finally extinguished, and the Facilitation Council was not shown to have lost jurisdiction to resume arbitration after the moratorium ended. en-us Mon, 17 Jul 2023 00:00:00 +0530 Thu, 20 Jul 2023 08:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440500 An arbitral award not challenged under Section 34 of the Arbitration and Conciliation Act, 1996 may be resisted in execution under Section 47 CPC only if it is shown on the face of the record to be a nullity or affected by inherent lack of jurisdiction. A plea that requires deeper factual and legal examination, including whether an insolvency resolution plan extinguished the underlying claim, cannot ordinarily be raised at the execution stage. On the facts discussed, the approved resolution plan did not establish that the pending claim was finally extinguished, and the Facilitation Council was not shown to have lost jurisdiction to resume arbitration after the moratorium ended. Case-Laws Insolvency and Bankruptcy Mon, 17 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440500