21st Century Law Firm
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Fact Sheet
- Location:New Delhi, India
- Year of Establishment:1997
- Business Type:Business Services
- Main Products:Legal Consultancy Services
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Verify NowEnforcement Foreign Awards
As per Enforcement Foreign Awards Act, 1961, Foreign Arbitration awards of New York Convention countries can be enforced in India.
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As per Enforcement Foreign Awards Act, 1961, Foreign Arbitration awards of New York Convention countries can be enforced in India. The above said Act was enacted by the Government of India to enable effect to the convention on the recognized and enforcement of Foreign Arbitration Awards, done at New York in 1958. Government of India has notified a list of countries that are recognized for the purpose of execution of Foreign Arbitration awards.
The list of 'reciprocating territories' notified by the Government of India in the Gazette of India, for the purposes of S.44 of the Arbitration and Conciliation Act 1996 ('1996 Act') comprises the following 46 States: Austria, Belgium, Botswana, Bulgaria, Central African Republic, Chile, Cuba, Czechoslovak Socialist Republic, Denmark, Republic of Korea, Kuwait, Malagasy Republic, Malaysia, Mexico, Morocco, The Netherlands, Nigeria, Norway, Philippines, Poland, Romania, San Marino, Ecuador, The Arab Republic of Egypt, Finland, France, German Democratic Republic, Federal Republic of Germany, Ghana, Greece, Hungary, Italy, Republic of Ireland, Japan, Singapore, Spain, Sweden, Switzerland, Syrian Arab Republic, United Republic of Tanzania, Thailand, Trinidad and Tobago, Tunisia, UK, the United States of America and USSR.