The Gujarat High Court in GE Power Conversion Pvt. Ltd Vs PASL Wind Solutions Pvt. Ltd on 3rd November, 2020 ruled that foreign arbitral awards are enforceable in India if the parties are companies incorporated in India and choose a foreign seat of arbitration. In this case, the parties to the dispute were both companies incorporated in India under the Companies Act, 1956 and the award was passed by Arbitration Tribunal in Zurich.The Gujarat High Court in GE Power Conversion Pvt. Ltd Vs PASL Wind Solutions Pvt. Ltd on 3rd November, 2020 ruled that foreign arbitral awards are enforceable in India if the parties are companies incorporated in India and choose a foreign seat of arbitration. In this case, the parties to the dispute were both companies incorporated in India under the Companies Act, 1956 and the award was passed by Arbitration Tribunal in Zurich.taxmann.com Latest ArticlesRead More
