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The Supreme Court of India heard an appeal regarding the enforcement of a foreign arbitral award dated August 13, 1996. The lower courts had refused to enforce the award, finding that the underlying arbitration began before the Arbitration and Conciliation Act of 1996 came into force. However, the Supreme Court noted that precedents have established that foreign awards issued after the 1996 Act are to be enforced under its provisions. As the award in question was issued after the Act came into force on Janu

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ananyaansh1

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EN