JUDGMENT :

(Prayer: Petition filed under Section 44, 47, 48 and 49 of the Arbitration and Conciliation Act, 1996 to pass an order that the Award dated February 11, 2016 be deemed to be a decree of this Court and pass a direction to enforce and execute the same as a decree in favour of the Petitioner as against Respondent along with the cost in entirety and costs of this Petition.)

1. This petition has been filed to enforce the foreign award dated 11th February, 2016.

2. The brief facts leading to file this Application is as follows:

2.a. The Petitioner is a company incorporated under the Companies Act, 1956. The Petitioner and the Respondent have entered a Franchisee Agreement dated March 31, 2006 referenced as #39997 for Respondent to open and operate a SUBWAY® restaurant at Nigiris Department Store. Similarly, another agreement dated October 23, 2007 to amend the Franchisee Agreement in part. As the dispute arose in respect of the terms of Contract a notice of default issued by the Petitioner on November 21, 2014 for terminating the contract, the matter was referred to Sole Arbitrator in terms of the Contract. The learned Arbitrator has passed Award dated February 11, 2016. Hence thi