https://www.taxtmi.com/caselaws?id=794339 Limitation for enforcing a foreign award begins when the right to apply accrues, which may be when the award holder receives the signed award rather than its date of signature; the enforcement petition was therefore within the applicable period. Public policy refusal under Section 48 is confined to exceptional fundamental legal infractions: a performance-linked commercial advance incentive arrangement was not an assignment of receivables or a factoring transaction. Joint and several liability remained enforceable against the judgment debtor because recovery efforts and a conditional forbearance arrangement with a co-obligor did not constitute express waiver, novation, or extinguishment. The foreign award was enforceable, with all objections rejected. 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 begins when the right to apply accrues, which may be when the award holder receives the signed award rather than its date of signature; the enforcement petition was therefore within the applicable period. Public policy refusal under Section 48 is confined to exceptional fundamental legal infractions: a performance-linked commercial advance incentive arrangement was not an assignment of receivables or a factoring transaction. Joint and several liability remained enforceable against the judgment debtor because recovery efforts and a conditional forbearance arrangement with a co-obligor did not constitute express waiver, novation, or extinguishment. The foreign award was enforceable, with all objections rejected. Case-Laws Indian Laws Wed, 01 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794339