Supreme Court of India · 2020-11-26
NOY VALLESINA ENGNR.SPA (NKA NOY AMBIENTE S.P.A.) A CORP. ORGANISED AND EXISTING UNDER THE LAWS OF I vs JINDAL DRUGS LTD. THR. M.D.
- Citation / case number
- SC 2008/22043
- Court
- Supreme Court of India
- Petitioner
- NOY VALLESINA ENGNR.SPA (NKA NOY AMBIENTE S.P.A.) A CORP. ORGANISED AND EXISTING UNDER THE LAWS OF I
- Respondent
- JINDAL DRUGS LTD. THR. M.D.
- Author
- HON'BLE THE CHIEF JUSTICE
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE VINEET SARAN, HON'BLE MR. JUSTICE S. RAVINDRA BHAT
Judgment text excerpt
The Supreme Court held that proceedings under Section 34 of the Arbitration and Conciliation Act, 1996 can be maintained to challenge a foreign award, affirming the Bombay High Court's decision. The Court clarified that the jurisdiction to review foreign arbitral awards is permissible under the Act, provided the grounds for challenge are substantiated. The appeal by NV Engineering was dismissed, upholding the High Court's ruling on the validity of the arbitration proceedings.