Supreme Court · 2018 INSC 816 · Decided 13 September 2018

M/S Shriram Epc Limited v. Rioglass Solar Sa

Court
Supreme Court of India
Citation
2018 INSC 816 · [2018] 10 S.C.R. 749
Case number
CIVIL APPEAL No. 9515/2018
Decided
13 September 2018
Bench
R.F. NARIMAN, INDU MALHOTRA (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
CPC; Arbitration Act Section 48, 49; Stamp Act Section 1(2)

Headnote

Arbitration and Conciliation Act, 1996 - ss. 48 and 49 - Foreign award - Enforceability of, when award not stamped - Held: Foreign award not bearing stamp duty under the Stamp Act, would not be rendered unenforceable - Term 'award' under Item 12 of award not being includible in Schedule I, is not liable for stamp duty - Stamp Act, 1899 - Item 12, Schedule I. Dismissing the appeal, the Court HELD: 1. The Single Judge of the High Court is correct, and the fact that a foreign award has not borne stamp duty under the Stamp Act,

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