Before delving into the issue at hand, it is necessary to clarify the terminology that shall be employed throughout this judgment. The term “cause country” shall refer to the country in which the decree sought to be enforced was originally passed in this case, the United Arab Emirates (“UAE”). Correspondingly, the term “forum country” shall denote the country in which execution of the said decree is now sought in this case, India.

2. The seminal question that arises for consideration is whether a decree passed by a court in a reciprocating territory, namely the UAE, can be simultaneously executed both in the cause country i.e UAE and in the forum country, i.e., India. This issue becomes particularly significant in light of the objections raised by the Judgment Debtors as well as the existence of assets belonging to the Judgment Debtors within the jurisdiction of this Court.

3. The captioned Execution Petition (“EP”) has been filed on behalf of the Petitioner/Decree Holder, BNP Paribas (Suisse) SA, under Section 44-A read with Order XXI Rule 11(2) of the Code of Civil Procedure, 1908 (“CPC”) for execution of a decree dated October 10, 2023 (“Decree”) passed by the