High Court Can Execute Foreign Arbitration Award Despite Change In Pecuniary Jurisdiction : Delhi HC [Read Judgment]
6 years, 3 months ago

High Court Can Execute Foreign Arbitration Award Despite Change In Pecuniary Jurisdiction : Delhi HC [Read Judgment]

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The Delhi High Court has held that jurisdiction to execute foreign arbitration award continues with the High Court, despite the change in pecuniary jurisdiction as per 2015 amendment to Delhi High Court Act.In this case Precious Sapphires Ltd vs Amira Pure Foods Pvt Ltd, the Court was dealing with an interesting interplay between the amendments made to Arbitration and Conciliation Act and. The Delhi High Court has held that jurisdiction to execute foreign arbitration award continues with the High Court, despite the change in pecuniary jurisdiction as per 2015 amendment to Delhi High Court Act. In this case Precious Sapphires Ltd vs Amira Pure Foods Pvt Ltd, the Court was dealing with an interesting interplay between the amendments made to Arbitration and Conciliation Act and Delhi High Court Act, both in 2015. After 2015 amendment to Delhi High Court Act, the pecuniary value of the matter came within the limits of Subordinate Court.

History of this topic

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