M. SUNDAR, J.

1. This intra-court appeal is directed against judgment and decree dated 26.10.2010 made by a learned Single judge on the Original Side of this Court in O.P.No.127 of 2016, allowing the petition, which was filed under Sections 47 to 49 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as 'A and C Act' for brevity) for enforcement of a foreign award.

2. Bare minimum facts necessary for appreciating our order is set out infra under the caption 'Factual Matrix'.

3. FATUAL MATRIX :

3(a) Thaicom Public Company Limited is a public limited company incorporated in the Kindgom of Thailand (hereinafter referred to as 'Thaicom' for the sake of brevity). Thaicom is engaged in the business of providing transponder services.

3(b) Raj Television Network Limited is a public limited company incorporated under the laws of India (hereinafter referred to as 'Raj TV' for the sake of brevity). Raj TV is engaged in the business of operating and broadcasting television channels, providing news, entertainment and other programmes to its viewers.

3(c) Thaicom and Raj TV entered into a Transponder Service Agreement dated 10.09.2003. Under this Transponder Service Agreem