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HomeLatest UpdatesMauritian Company Successfully Enforces US$300 million LCIA Award in India

Mauritian Company Successfully Enforces US$300 million LCIA Award in India

By Abraham Vergis, Nawaz Kamil & Sunita Advani

abraham@providencelawasia.com    nawaz@providencelawasia.com

On 6 July 2012, Mauritius-based Cruz City Mauritius Holdings (“Cruz City”) obtained a US$300 million award rendered by a London Court of International Arbitration (“LCIA”) tribunal (“LCIA Award”). Cruz City thereafter sought to enforce this award in the High Court of New Delhi (“Court”) against its joint venture partners.

In the below PDF, Providence Law take a look at the case and ruling …