% 02.07.2026
1. This present petition is preferred under Section 48 of the
Arbitration and Conciliation Act, 19961 for enforcement of arbitral
award dated 10.01.2025.
2. By way of the aforesaid award, the learned Sole Arbitrator
ordered the Judgment Debtor to pay a sum of USD $40,000 and Rs.
37 Lakhs along with interest at 12% per annum on and from the date
of filing of the statement of claim, till the date of payment or release
of dues and costs of Rs. 10 Lakhs.
3. The law pertaining to enforcement of arbitral awards is clear. A
mere reading of the Section 2(1)(f) of the Act defines international
commercial arbitration2 as follows:
