The Indian Supreme Court applied the doctrine of transnational issue estoppel for the first time
The Indian Supreme Court has applied the doctrine of transnational issue estoppel for the first time, rejecting a bid by two fintech executives to overturn the enforcement of a US$121 million SIAC award after finding their challenges had been conclusively rejected in the Singapore courts.
Matthew Gearing KC was lead counsel for the successful investors in the Singapore arbitration.
Read GAR report on the decision here.