Arbitral award can be regarded as enforceable only if it is actually executable

Union of India Vs Reliance Industries Ltd & Anr (Delhi High Court) Delhi High Court held that the award can be regarded as enforceable only if it is actually executable. Accordingly, the Final Partial Award passed by the Arbitral Tribunal is unenforceable award. Facts- This judgment adjudicates EA (OS) 583/2019, EA (OS) 1012/2020, EA (OS) 1411/2021, IA 3665/2019 and IA 3668/2019, in the present Execution Petition OMP (EFA) (Comm) 1/2019, preferred by the Union of India under Section 481 of the Arbitration and Conciliation Act, 1996 (“the 1996 Act”), seeking enforcement of a Fin...