Court Upholds Petition Maintainability for Foreign Awards but Dismisses for Limitation; Highlights Public Policy Violations.

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....This is a summary of a court ruling on the recognition and enforcement of foreign arbitral awards under the Arbitration and Conciliation Act, 1996. The key points are: The court upheld the maintainability of a common petition seeking both recognition and execution of foreign awards, following the Supreme Court's decision in Vedanta Limited. However, the petition was dismissed as barred by limitation under Article 137 of the Limitation Act, 1963. The court emphasized the pro-enforcement bias u/s 48 and held that non-parties cannot object to enforcement unless falling under specific grounds. It found violation of public policy and principles of natural justice, as the arbitral tribunal derived findings contrary to uncontroverted witness testi.........