With the active interest of the Indian courts in removing any and all issues arising out of enforcement of a foreign judgment from a reciprocating territory under Section 44A of the CPC, recognition of UAE as a reciprocating territory will not only facilitate enforcement proceedings of foreign judgments/ decrees, but also assist in speedy recovery proceedings against defaulting debtors. By Partner Ankoosh K Mehta and Associate Kriti Srivastava.
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For further information, please contact:
Ankoosh Mehta, Partner, Cyril Amarchand Mangaldas
ankoosh.mehta@cyrilshroff.com