Applicability of Article 137 of Limitation Act, 1963 Act on Enforcement of Foreign Awards.
#EnforcementofForeignAwards For more than a decade, there were differing views emerging by various High Courts about the scope of applicability of The Limitation Act, 1963 to the enforcement of foreign awards. Bombay High Court consecutively ruled in the cases of Noy Vallesina Engineering Spa v Jindal Drugs Limited (2006) and Louis Dreyfous Commodities Suisse v Sakuma Exports Limited (2015) that the enforcement of a foreign award must take place in two stages. Firstly, enforc