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NCLT Ruling on Foreign Award Validity by Nikhil Kumar is a document available to read on EtoBox.
What is NCLT Ruling on Foreign Award Validity about?
The document discusses a case where an operational creditor filed for corporate insolvency resolution process based on a foreign arbitral award from the UK. The NCLT admitted the petition, finding that the foreign award constituted a valid claim and was enforceable in India since the UK is a reciprocating territory. It also found that the award was not subject to any pending challenge.
- Author
- Nikhil Kumar
- Language
- EN