Bombay High Court Allows Execution of Arbitral Award in Favor of Foreign Entity Without Bank Account in India — Directs Payment by Cheque or Demand Draft. The court held that a foreign award-holder without an Indian bank account can receive payment by cheque or demand draft under Section 36 of the Arbitration and Conciliation Act, 1996.
7 Jun 2022The applicant, M/s Angerlehner Structural and Civil Engineering Company, a foreign entity, filed an execution application to enforce an arbitral award...




