https://www.taxtmi.com/caselaws?id=786963 A foreign decree of a superior court in a reciprocating territory was executable in India under Section 44A of the Code of Civil Procedure because the United Kingdom was treated as a reciprocating territory and the decree was final under English law. The decree was also not barred by the exceptions in Section 13(c) or Section 13(f): alleged FEMA and RBI violations did not by themselves defeat enforcement where the early redemption amount, interest and damages were held remittable within the applicable framework, and the 7.95% interest rate was found consistent with the contractual and regulatory cap. The execution petition succeeded and the objections were dismissed with costs. en-us Mon, 23 Feb 2026 00:00:00 +0530 Tue, 24 Feb 2026 08:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786963 A foreign decree of a superior court in a reciprocating territory was executable in India under Section 44A of the Code of Civil Procedure because the United Kingdom was treated as a reciprocating territory and the decree was final under English law. The decree was also not barred by the exceptions in Section 13(c) or Section 13(f): alleged FEMA and RBI violations did not by themselves defeat enforcement where the early redemption amount, interest and damages were held remittable within the applicable framework, and the 7.95% interest rate was found consistent with the contractual and regulatory cap. The execution petition succeeded and the objections were dismissed with costs. Case-Laws FEMA Mon, 23 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786963