NATIONAL AGRICULTURAL COOPERATIVE MARKETING FEDERATION OF INDIA vs ALIMENTA S.A.

The Supreme Court addressed the enforceability of a foreign arbitration award under the Arbitration and Conciliation Act, 1996, specifically examining whether NAFED's inability to fulfill its contractual obligations due to government restrictions constituted a breach of contract. The Court held that the enforcement of the award was not against public policy, as the contractual terms included a Force Majeure clause that excused performance under certain conditions. The Court ultimately upheld the enforceability of the foreign award, affirming the lower court's decision.