In this Chapter, unless the context otherwise requires, "foreign award" means an arbitral award on differences between persons arising out of legal relationships, whether contractual or not, considered as commercial under the law in force in India, made on or after the 11th day of October, 1960—
(a) in pursuance of an agreement in writing for arbitration to which the Convention set forth in the First Schedule applies, and
(b) in one of such territories as the Central Government, being satisfied that reciprocal provisions have been made may, by notification in the Official Gazette, declare to be territories to which the said Convention applies.
Legal Commentary & Landmark Judgments: Section 44
Section 44 defines a foreign arbitral award under the New York Convention for the purpose of recognition and enforcement under Chapter I of Part II of the Act.
Section 44 establishes the essential statutory criteria for recognizing foreign arbitral awards, ensuring India's reciprocal compliance with the New York Convention framework.
Section 44 grounds India's cross-border arbitration enforcement in the New York Convention framework. Reciprocity and commercial qualification serve as the two statutory pillars ensuring predictable international enforcement.