Arbitral Award treated as deemed decree; Execution can be initiated anywhere such decree can be executed: Allahabad HC
Allahabad High Court reiterated that Arbitration Act transcends all territorial barriers.
Allahabad High Court reiterated that Arbitration Act transcends all territorial barriers.
“Section 34, quite apart from its classically limited scope, is certainly not intended to be used as a tool for a litigant to desist from participating in the arbitral proceedings, despite being fully aware thereof, and, thereafter, seek a second bite at the arbitral cherry.”