Supreme Court · 2024 INSC 242 · Decided 4 March 2024

Avitel Post Studioz Limited & ORS. v. Hsbc Pi Holdings (Mauritius) Limited (Previously Named Hpeif Holdings 1 Limited)

Court
Supreme Court of India
Citation
2024 INSC 242 · [2024] 3 S.C.R. 971
Case number
CIVIL APPEAL No. 3835/2024
Decided
4 March 2024
Bench
HRISHIKESH ROY, PRASHANT KUMAR MISHRA (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Arbitration Act Section 48, 48(2)(b); Stamp Act

Headnote

The High Court facilitated the enforcement of the final Award dated 27.09.2014 issued at Singapore International Arbitration Centre (SIAC). The appellants' objection to enforcement of the of s.48 of the Arbitration and Conciliation Act, 1996 was rejected and the High Court had also directed that the order of attachment against the Award Debtors-appellants shall continue to operate during the execution proceedings to be undertaken by the respondent-Award Holder. Whether the High

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