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november 2018

Supreme Court of India · 2018-11-14

P.E.C. Limited Through Its General ... vs Austbulk Shipping Sdn Bhd

Citation / case number
AIR 2019 SUPREME COURT 105
Court
Supreme Court of India
Petitioner
P.E.C. Limited Through Its General ...
Respondent
Austbulk Shipping Sdn Bhd
Author
L. Nageswara Rao
Bench
Chief Justice, L. Nageswara Rao, R. Subhash Reddy

Judgment text excerpt

The Supreme Court upheld the enforcement of a foreign arbitration award under the Arbitration and Conciliation Act, 1996, specifically referencing Section 34 and Section 48. The Court established that non-participation in arbitration proceedings by a party does not invalidate the award, provided proper notice was given. The appeal against the High Court's decision to enforce the award of USD 150,362.18 was dismissed, affirming the validity of the arbitration process and the award granted.

P.E.C. Limited Through Its General ... vs Austbulk Shipping Sdn Bhd · Niyam