Indian Supreme Court Paves the Way to Challenge Foreign Arbitration Awards in India on Broad Public Policy Grounds
14 February 2008
Mayer Brown Legal Update
14 February 2008 - On January 10, 2008, the Supreme Court of India issued an important decision in the case Venture Global Engineering v. Satyam Computer Services, Ltd. regarding the enforcement in India of foreign arbitration awards. The decision has implications both for companies doing business involving India and for companies with substantial assets located in India.