New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, 1958

PASL Wind Solutions and GE Power Conversion India, both Indian companies, entered a settlement agreement that provided for arbitration under ICC rules with the seat in Zurich and the substantive law of India. A dispute over warranty claims was arbitrated, the arbitrator held the seat to be Zurich (with hearings in Mumb…

The Government of India appealed a Delhi High Court order that allowed Vedanta Ltd. and its affiliates to enforce a foreign arbitral award under Sections 47 and 49 of the Arbitration and Conciliation Act, 1996. The Court examined the applicable limitation period for filing an enforcement petition, the scheme of the 199…

The National Highways Authority of India (NHAI) awarded a construction contract to Ssangyong Engineering & Construction Co. Ltd., which included a price‑adjustment formula based on the Wholesale Price Index (WPI) old series. When the Ministry of Industrial Development stopped publishing the old series and introduced a …