Arbitral Award Passed In China: Recognition And Enforceability In India

In a recent administrative event on 19th March, 2012 India has declared that Arbitral Awards passed in China (including Hong Kong and Macau) will be recognized and enforced in Indian Courts.

Arbitration in Asia-Pacific has gained popularity over Europe and United States owing to escalating investment in and out of Asian Countries. Recognizing the growing importance of International Arbitration as an undisputed means of resolving international commercial disputes, Indian Ministry of Law and Justice has affirmed that Arbitral Awards passed in People's Republic of China (including special administrative regions of Hong Kong and Macau) on or after 19th March, 2012 may be recognized and enforced in India. This decision will add another state to the list of already existing 44 "Gazetted-States", the Arbitral Awards of which are recognized and enforceable in India. An International Arbitral Award to be recognized & enforced in India ought to be passed in a State notified