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VIDEO · 08 JULY 2026

RBI, FERA & Foreign Judgment Enforcement | Law Podcast Ep. 2 (Video)

IndiaLaw LLP
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Does a regulatory body like the Reserve Bank of India have the power to halt the enforcement of an international court decree?

IndiaFinance and Banking
Arya Singh
Arya Singh
Brian Noronha
Brian Noronha

Does a regulatory body like the Reserve Bank of India have the power to halt the enforcement of an international court decree? In this episode, Mr. Brian Noronha, Advocate, (https://www.linkedin.com/in/brian-nor...) delves further into the Supreme Court ruling in Griesheim GMBH v. Goyal MG Gases (P) Ltd. (2026 INSC 401) where a critical question has been answered by the Supreme Court regarding the Foreign Exchange Regulation Act (FERA) and RBI permissions in relation to enforcement of foreign decrees/judgments. Key topics discussed in this video:

  1. The FERA Section 47 Distinction: Understanding the vital legal difference between "bringing a legal proceeding in India" vs. "taking steps to enforce a decree."

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