IN THE HIGH COURT OF MADHYA PRADESH AT INDORE MCC No. 3164 of 2024 (PERKIN ELMER US LLC Vs ILISHAN BIOTECH PRIVATE LIMITED (F/K/A BIOTECH INTERNATIONAL) )

Dated : 05-03-2026 Shri Dinesh Pednekar with Shri Amol Shrivastava and Shri Harshvardhan Yadav - Advocate for the petitioner.

Shri Vijay Kumar Assudani with Shri Rakshit Assudani - Advocate for the respondent.

Reserved on : 03.12.2025 Pronounced on : 05.03.2026 This application has been filed for enforcement of award dated

24.02.2021 in terms of Section 47 of the Arbitration and Conciliation Act, 1996 (for brevity 'Act of 1996') passed by the Sole Arbitrator Ms. Lucy Greenwood in case No. 01-19-0003-4190 administered by the International Centre for Dispute Resolution (ICDR).

Before adverting to the dispute which is going to be decided by this order, it would be profitable to have a little background of the case at hand which has been divided in different heads for the sake of convenience -

Basic facts of the case :

2.1 The petitioner is a Delware limited liability company incorporated under the laws of United States of America. It is an assignee of the foreign award which is sought to be enforced. The arbitration award was originally pa