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It is final and binding upon the parties unless challenged by Section 34 of the Arbitration and Conciliation Act, 1996 ("Act"). Drafting an award is a complex matter as the arbitrator must condense the entire proceedings into a coherent and reasoned document. Arbitral Award: The Final Award - Legal Service India legalserviceindia.com ? legal ? article-9996-... legalserviceindia.com ? legal ? article-9996-...
Recognition or confirmation of an award is usually sought by filing a petition. The party seeking recognition and enforcement or confirmation of an award must submit to the court a copy of the award and the parties' arbitration agreement. Challenging and Enforcing Arbitration Awards: USA globalarbitrationreview.com ? know-how ? report globalarbitrationreview.com ? know-how ? report
There are two kinds of Award, Domestic Award and Foreign Award. Domestic award is an award which is rendered as a result of domestic arbitral proceedings, whereas Foreign award is an award which is a result of foreign arbitral proceedings, when dispute is between an Indian Origin party and a foreign party. Grounds For Challenging An Arbitral Award - Legal Service India legalserviceindia.com ? legal ? article-11585... legalserviceindia.com ? legal ? article-11585...
Enforcement means giving an award the same effect as a domestic court judgement, which then serves as the official basis of further execution. Enforcement of Arbitration Awards (including state immunity from ... 4-5.co.uk ? docs ? PDF_VERS_KV_NP 4-5.co.uk ? docs ? PDF_VERS_KV_NP
On achieving the finality, and in the absence of any stay on execution granted by the court under Section 36(3) of the Arbitration Act, the award- holder knocks the doors of the appropriate executing court for executing the award as if it was a decree of the court. Enforcement Of Arbitral Awards In India: The Paradox - Livelaw livelaw.in ? law-firms ? law-firm-articles- livelaw.in ? law-firms ? law-firm-articles-
An application to the court must be made as a motion (9 USC § 6). The party seeking to enforce the award must open a new matter in the US District Court (if one does not already exist) and file a petition for recognition, confirmation, and enforcement of an arbitral award. Enforcement of Arbitral Awards in the United States: Overview thomsonreuters.com ? ... thomsonreuters.com ? ...
Enforcement of both domestic and foreign awards is governed by the Arbitration Act. The Arbitration Act is based on the UNCITRAL Model Law on International Commercial Arbitration 1985 (UNCITRAL Model Arbitration Law). Enforcement of Arbitral Awards in India: Overview - Practical Law thomsonreuters.com ? ... thomsonreuters.com ? ...
The Convention on the Recognition and Enforcement of Foreign Arbitral Awards, commonly known as the New York Convention, was adopted by a United Nations diplomatic conference on 10 June 1958 and entered into force on 7 June 1959. Convention on the Recognition and Enforcement of Foreign Arbitral ... wikipedia.org ? wiki ? Convention_on_the_Re... wikipedia.org ? wiki ? Convention_on_the_Re...