Kindly inform about how the decree can be obtained in case arbitration award is decided in favour of one party to the arbitration, krishna
krishna (advocate) 23 March 2010
Kindly inform about how the decree can be obtained in case arbitration award is decided in favour of one party to the arbitration, krishna
Devajyoti Barman (Advocate) 23 March 2010
After the coming of the Arbitration and Conciliation Act 1996, the arbitral award unlike 1940 Act need not be converted into decree by the District Judge. Now after passing of the Award it becomes immediately enforcable.
R.R. KRISHNAA (Legal Manager) 23 March 2010
The arbitral award once drawn, assumes the power of decree and it is clearly enforceable as like a decree.
Gundlapallis (Advocate) 14 April 2010
Depending on the quantum of the award the court that has pecuniary original jurisdiction is the court to execute the award.
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