deals with the Supreme Court's Decision in Bhatia International v. Bulk Trading S.A., and Venture Global Engineering Company U.S.A. v. Satyam Computer Services. Broadly it aims at understanding, firstly, the ramifications of Bhatia International and Venture Global Engineering on the arbitration regime in India vis-à-vis Arbitration and Conciliation Act, 1996 with its overall impact on international commercial arbitration; secondly, with India's role in world arena as a subject of Convention on the Recognition and Enforcement of Foreign Arbitral Awards vis-à-vis international law with a considerable focus on 'developing v developed spectrum'; and last but not the least, how effectively can a decision be not criticized though it has its binding authority by virtue of Article 141 of the Constitution of India with the possible solutions to the controversy.
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