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[Arbitration Act] Executing Court Cannot Review Or Add Payment Of Interest While Enforcing Foreign Award: Kerala High Court

The Kerala High Court was considering whether an executing court while enforcing an International arbitral award could direct payment of interest on the amount awarded from the date of the award till. ....

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Damodar Valley Corporation vs Reliance Infrastructure Limited on 29 September, 2023

Damodar Valley Corporation vs Reliance Infrastructure Limited on 29 September, 2023
indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.

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Court May Permit Award-Holder To Withdraw Security Deposited By Award-Debtor Pending Challenge To Arbitral Award U/S 34: Calcutta High Court

The Calcutta High Court has recently allowed an application filed by the State of West Bengal, as an award-holder in AP 808 of 2022, under the Arbitration and Conciliation Act, 1996 (“1996 Act”) to. ....

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Attempt to resist enforcement of a PRC arbitral award in Hong Kong, by arguing that the arbitration agreement was tainted by forgery | Bryan Cave Leighton Paisner

The case involved how the Hong Kong Court of First Instance (the “
Court”) approached an attempt to resist enforcement of an arbitral award obtained in Mainland China on the basis of the award debtor’s claim of forgery of the underlying agreement.
Laws on enforcement of Mainland awards in Hong Kong
Given that Hong Kong is part of the PRC, strictly speaking the New York Convention does not apply to assist in cross-border enforcement of arbitration awards. To solve this, Hong Kong and Mainland China put in place an arrangement to facilitate mutual cross-border enforcement. The Arrangement Concerning Mutual Enforcement of Arbitral Awards between Mainland China and the HKSAR has been implemented since 1 February 2000 through sections 92 to 98 of the Arbitration Ordinance (Cap. 609). (There have been some recent enhancements to this arrangement, details of which can be found here.) ....

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Nigeria: Crude Oil Remittance - Court Upholds $1.7bn Arbitral Award in Favour of NPDC

Nigeria: Crude Oil Remittance - Court Upholds $1.7bn Arbitral Award in Favour of NPDC
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

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