Jeumont SA, a French industrial solutions provider specializing in electrical equipment and energy systems, sought to enforce an International Chamber of Commerce (“ICC”) arbitration award in India. The award stemmed from a commercial dispute. Majmudar & Partners represented Jeumont SA in execution proceedings before the Bombay High Court.
Assistance with Dispute Resolution
Majmudar & Partners leveraged its dispute resolution expertise to ensure Jeumont SA’s interests were upheld. The firm’s contributions included:
- Recognition and Enforcement of the ICC Award: Assisted Jeumont SA in initiating proceedings under the Arbitration and Conciliation Act, 1996, for recognition and enforcement of the ICC arbitration award in India. Ensured compliance with the procedural requirements to prevent challenges during enforcement.
- Representation before the Bombay High Court: Represented Jeumont SA in the execution proceedings, presenting compelling arguments to demonstrate the validity and enforceability of the ICC arbitration award under Indian law.
- Handling Jurisdictional Challenges: Addressed jurisdictional objections raised by the opposing party, emphasizing the finality and binding nature of ICC arbitration awards under the New York Convention, to which India is a signatory.
- Coordination with French Legal Counsel: Collaborated with the Jeumont SA’s French legal team to provide seamless representation and align the Indian enforcement strategy with global objectives.
The successful execution of the award not only safeguarded Jeumont SA’s contractual rights but also reinforced the enforceability of foreign arbitral awards in India. This enforcement of an ICC arbitration award demonstrates the growing importance of cross-border arbitration for global businesses.
Majmudar & Partners is a trusted partner for businesses navigating complex international arbitration and enforcement proceedings in India. Contact us to ensure a smooth and effective resolution to your cross-border disputes.