The Supreme Court is expected to pronounce a judgment on Thursday on whether Indian courts can interfere in the enforcement of foreign arbitral awards.
In January, the Supreme Court began hearing a large batch of petitions on the future of foreign arbitration awards (rulings by arbitral panels) under the Indian Arbitration and Conciliation Act 1996. The court is to consider whether Indian courts have jurisdiction over foreign arbitral awards.
Chief Justice S H Kapadia had constituted a five-judge constitutional bench to answer several fundamental questions.
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