law: Arbitration Act 1940
  Section 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 defense, 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 relaying on an award.