Escorts Ltd vs Universal Tractor Holding Llc

The Supreme Court held that the execution of an arbitration award in India requires prior confirmation by the relevant foreign court as per the terms of the consent order and the Federal Arbitration Act, specifically Section 9. The Court ruled that without such confirmation, the award cannot be executed domestically, thereby upholding the objections raised by the petitioner against the execution petition. Consequently, the execution petition was dismissed, reinforcing the necessity of compliance with foreign court requirements for arbitration awards.