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⚖️ SUPREME COURT CLARIFIES: Foreign Arbitral Awards Get Strong Protection in India In Nagaraj V. Mylandla vs PI Opportunities Fund-I & Ors., the Supreme Court has delivered a landmark ruling reinforcing India’s pro-arbitration stance 🌍 🔑 Key Takeaways: ✅ No re-litigation in India: If an arbitral award has already been challenged and upheld by the seat court, parties cannot reopen the same factual issues before Indian courts. ✅ Public Policy ≠ Re-examination of merits: Section 48 cannot be misused to reassess facts or merits already decided abroad. ✅ Doctrine of Transnational Issue Estoppel Applied: Once an issue is conclusively settled in one jurisdiction, it cannot be re-agitated in another. 📌 Why it matters? This ruling: • Strengthens enforcement of foreign arbitral awards • Prevents forum shopping • Boosts investor confidence in India 🇮🇳 • Promotes efficiency in cross-border dispute resolution 💬 Supreme Court observed: A party cannot seek a “second bite at the cherry” by re-arguing merits before the enforcement court after failing before the seat court. --- 🏛️ Shri Ganpati Jurists Delivering clarity in complex legal landscapes. #ArbitrationLaw #SupremeCourt #InternationalArbitration #LegalUpdate #IndiaLaw #DisputeResolution #ShriGanpatiJuris

⚖️ SUPREME COURT CLARIFIES: Foreign Arbitral Awards Get Strong Protection in India In Nagaraj V…