Enforcement of an arbitral award titled as “Put Award” - ...

Court Upholds "Put Award": Put Option Deed Not Illegal Under FEMA, Respondents' Argument Deemed Unfounded.

May 2, 2020

Case Laws Indian Laws HC

Enforcement of an arbitral award titled as “Put Award” - enforcement of a foreign award - Whether Put option deed is unenforceable and illegal under the provisions of FEMA - an unwarranted hair-spitting was resorted in dissecting the notifications when on the basic premise the respondents were not correct, namely to contend that the Put Option Deed would be invalid under the FEMA as the terms thereof offend the notifications.

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Enforcement of an arbitral award titled as “Put Award” - ...

Court Upholds "Put Award": Put Option Deed Not Illegal Under FEMA, Respondents' Argument Deemed Unfounded.

May 2, 2020

Case Laws Indian Laws HC

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