MSME Award Appeal here we mean and discuss Appeal against the order, decree or Award arising out of the statutory arbitration proceeding under MSME Act. There have been challenges to this provision in courts, where the contentions were raised that this provision is not mandatory and there can be deviation by the Appellate court. Thus, the Supreme Court has made it clear that the provision of section 19 of the MSME Act is mandatory in nature..             
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How arbitral award is enforced or executed?


Author- admin
Date:April 12, 2022

How arbitral award is enforced or executed?

Award is enforced as per the provisions of the Code of Civil Procedure, 1908 (5 of 1908), in the same manner as if it were a decree of the court as per the provisions of section 36 of the Arbitration and Conciliation Act, 1996.

The award can be enforced only after the expiry of the time period of objection provided in section 34.