law: The Arbitration and Conciliation Act, 1996
  55. Foreign awards
  
  when binding.
  Any foreign award
  
  which would be enforceable under this Chapter shall be treated as binding for
  
  all purposes on the persons as between whom it was made, and may accordingly be
  
  relied on by any of those persons by way of defence, set off or otherwise in
  
  any legal proceedings in India and any references in this Chapter to enforcing
  
  a foreign award shall be construed as including references to relying on an
  
  award.