https://www.taxtmi.com/caselaws?id=786956 A foreign arbitral award held enforceable under the Arbitration and Conciliation Act, 1996 is to be treated as a decree and executed in the same proceeding; objections based on FEMA, RBI approval, valuation, pricing guidelines, and any asserted distinction between enforceability and executability cannot be reopened in execution once rejected in enforcement proceedings. The court may also use execution machinery to grant consequential and severable reliefs necessary to implement the award, including transfer of shares, appointment of nominee directors, injunctions, partial execution against remaining respondents, and set-off of arbitral costs. en-us Fri, 06 Feb 2026 00:00:00 +0530 Tue, 24 Feb 2026 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786956 A foreign arbitral award held enforceable under the Arbitration and Conciliation Act, 1996 is to be treated as a decree and executed in the same proceeding; objections based on FEMA, RBI approval, valuation, pricing guidelines, and any asserted distinction between enforceability and executability cannot be reopened in execution once rejected in enforcement proceedings. The court may also use execution machinery to grant consequential and severable reliefs necessary to implement the award, including transfer of shares, appointment of nominee directors, injunctions, partial execution against remaining respondents, and set-off of arbitral costs. Case-Laws FEMA Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786956