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India—Supreme Court refuses to enforce decades-old award in peanut dispute (National Agricultural Cooperative Marketing Federation of India v Alimenta)

Published on: 28 April 2020
Published by: Law360
  • India—Supreme Court refuses to enforce decades-old award in peanut dispute (National Agricultural Cooperative Marketing Federation of India v Alimenta)
  • What did the court decide?

Article summary

Law360: The Supreme Court of India has refused to enforce a 30-year-old US$4.7m arbitral award issued against an Indian commodities trader, saying the award violates public policy since it was impossible for the trader to ship its products after the Indian government began restricting certain exports. or take a trial to read the full analysis.

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