https://www.taxtmi.com/caselaws?id=794339 Limitation for enforcing a foreign award runs from accrual of the right to apply, not necessarily from the award date; receipt of the signed award marked accrual here, so the petition was timely. Public policy refusal under Section 48 was said to be confined to exceptional cases, and the commercial arrangement was treated as a performance-linked advance incentive structure rather than a factoring transaction under the Factoring Regulation Act, 2011, so no fundamental policy breach was made out. The note also records that joint and several liability, a conditional forbearance arrangement, and the absence of express relinquishment did not bar enforcement against the judgment debtor. en-us Wed, 01 Jul 2026 00:00:00 +0530 Sat, 04 Jul 2026 08:15:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794339 Limitation for enforcing a foreign award runs from accrual of the right to apply, not necessarily from the award date; receipt of the signed award marked accrual here, so the petition was timely. Public policy refusal under Section 48 was said to be confined to exceptional cases, and the commercial arrangement was treated as a performance-linked advance incentive structure rather than a factoring transaction under the Factoring Regulation Act, 2011, so no fundamental policy breach was made out. The note also records that joint and several liability, a conditional forbearance arrangement, and the absence of express relinquishment did not bar enforcement against the judgment debtor. Case-Laws Indian Laws Wed, 01 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794339