Arbitration and Conciliation Act Section 55 — Foreign awards when binding

CHAPTER II

Civil

Summary

Any foreign award that can be enforced under this Chapter is treated as binding for all purposes on the people between whom it was made. This means those people can rely on the award in any legal proceedings in India, whether as a defence, a set-off, or in any other way. Also, any reference in this Chapter to enforcing a foreign award includes relying on the award.

Official Text

Any foreign award which would be enforceable under this Chapter shall be treated as binding for all purposes on the persons as between whom it was made, and may accordingly be relied on by any of those persons by way of defence, set off or otherwise in any legal proceedings in India and any references in this Chapter to enforcing a foreign award shall be construed as including references to relying on an award.