SUPREME COURT ON ENFORCEABILITY OF EMERGENCY AWARDS UNDER ARBITRATION AND CONCILIATION ACT, 1996

The Hon’ble Supreme court, double bench, in the landmark judgment of Amazon.com NV Investment Holdings LLC V/s Future Retail Limited and Others, Civil Appeal Nos. 4492-4493 of 2021, ruled that the Emergency arbitral awards are orders which were made in accordance with Article 17 (1) of the Arbitration and Conciliation Act, 1996.

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