Supreme Court of India

Bank of Baroda v. Kotak Mahindra Bank Ltd.

Neutral citation
Bench Deepak Gupta and Aniruddha Bose JJ.
Decided 17 March 2020

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

What the Court ordered

We hold that Article 136 is to apply then the period of limitation in case of any foreign decree would be 12 years regardless of the limitation which may be prevalent in the country where the decree was passed, i.e., the cause country.

Judgment, page 13

From the headnote

Limitation Act, 1963 – Arts. 136 and 137 – Executing a decree passed by a foreign court (from a reciprocating country) in India – Period of limitation for – Held: The limitation period for executing a decree passed by a foreign court (from a reciprocating country) in India will be the limitation prescribed in the reciprocating foreign country – However, this will be subject to the decree being executable in terms of s.13 of the CPC.…

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