Foreign Award Against Public Policy Not Enforceable In India : SC Renders Rs 450 Crores Award Against NAFED Unenforceable [Read Judgment]
LIVELAW NEWS NETWORK
30 April 2020 7:33 PM IST
![Foreign Award Against Public Policy Not Enforceable In India : SC Renders Rs 450 Crores Award Against NAFED Unenforceable [Read Judgment]](https://www.livelaw.in/h-upload/2019/10/18/750x450_365688-supreme-court-new-9.webp "Foreign Award Against Public Policy Not Enforceable In India : SC Renders Rs 450 Crores Award Against NAFED Unenforceable [Read Judgment]")
In a notable decision, the Supreme Court held as unforceable a foreign award on the grounds of being opposed to the "foundational policy of Indian law and basic concept of justice".The case arose out a dispute between Central Government-agency National Agricultural Co-opeartive Marketing Federation of India(NAFED) and Alimenta SA regarding export of HP groundnuts.On account of the...
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