Arbitration Act 1940
Sch . I Article V
Convention on the Recognition and Enforcement of Foreign Arbitral Awards
THE FIRST SCHEDULE
(See section 44)
1. Recognition and enforcement of the award
may be refused, at the request of the party against whom it is invoked, only if
that party furnishes to the competent authority where the recognition and
enforcement is sought, proof that -
(a) the parties to the
agreement referred to in article II were, under the law applicable to them,
under some incapacity, or the said agreement is not valid under the law to which
the parties have subjected it or, falling any indication thereon, under the law
of the country where the award was made; or
(b) the
party against whom the award is invoked was not given proper notice of the
appointment of the arbitrator or of the arbitration proceedings or was
otherwise unable to present his case; or
(c) the award deals
with a difference not contemplated by or not falling within the terms of the
submission to arbitration, or it contains decisions on matters beyond the scope
of the submission to arbitration, provided that, if the decisions on matters
submitted to arbitration can be separated from those not so submitted, that
part of the award which contains decisions on matters submitted to arbitration
may be recognized and enforced; or
(d) the composition of
the arbitral authority or the arbitral procedure was not in accordance with the
agreement of the parties, or, failing such agreement, was not in accordance
with the law of the country where the arbitration took place; or
(e) the
award has not yet become binding on the parties, or has been set aside or
suspended by a competent authority of the country in which, or under the law of
which, that award was made.
2. Recognition and enforcement of an arbitral
award may also be refused if the competent authority in the country where
recognition and enforcement is sought finds that -
(a) the
subject-matter of the difference is not capable of settlement by arbitration
under the law of that country; or
(b) the
recognition or enforcement of the award would be contrary to the public policy
of that country.