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2013 (7) TMI 643 - SC - Companies LawEnforceability of Foreign Awards - Whether the two appeal awards in favour of the respondent are enforceable u/s 48 of the Arbitration and Conciliation Act - Held that:- The objections raised by the appellant do not fall in any of the categories - the foreign awards cannot be held to be contrary to public policy of India as contemplated under Section 48(2)(b) – it does not give an opportunity to have a ‘second look’ at the foreign award in the award - enforcement stage - the scope of inquiry u/s 48 does not permit review of the foreign award on merits - Procedural defects in the course of foreign arbitration do not lead necessarily to excuse an award from enforcement on the ground of public policy - enforcement of foreign award would be refused under Section 48(2)(b) only if such enforcement would be contrary to fundamental policy of Indian law, the interests of India or justice or morality – appeal decided against appellant.
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