Laws on Public Policy of India and its Impacts on Arbitration Awards in Construction Industry
Public Policy of India has most important role in the whole process of enforcement of an arbitral awards particularly the foreign awards because its involves parties, lawyers and arbitrators form diverse legal &cultural traditions. Most often the arbitral tribunal consist of arbitrators from multiple jurisdictions & legal traditions different from those of parties and of their council. It is thus desirable that the International Companies/firms working in India as Joint venture or otherwise should be fully aware for the law on public policy of India and its impact on arbitration awards.
The authors have made a case study for law on Public Policy of India and its impacts on arbitration awards. This study shall help the International Companies to be conversant with the Public Policy of India while working as a construction agency in joint venture or otherwise in India.
The authors have made a case study for law on Public Policy of India and its impacts on arbitration awards. This study shall help the International Companies to be conversant with the Public Policy of India while working as a construction agency in joint venture or otherwise in India.
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NBM&CW July 2009