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.