The Supreme Court held that the limitation period for filing a petition for enforcement of a foreign award under Sections 47 and 49 of the Indian Arbitration Act is governed by Article 137 of the Indian Limitation Act, 1963, which prescribes a time period of three years from when the right to apply accrues. Article 136 of the Indian Limitation Act is not applicable for the enforcement or execution of a foreign award as a foreign award is not a decree of a civil court in India, but is only a deemed decree. With respect to the Appellant's public policy defence to the enforcement of the award, the Supreme Court applied Section 48 of the Indian Arbitration Act, as it existed prior to the 2016 amendment to the Act, as the court proceedings for enforcement had been filed before the 2016 amendment came into force. The Court dismissed the Appellant's objections to enforcement of the award, finding that a violation of the enforcement State's most basic notions of morality and justice was not established. It emphasized that the public policy defence to enforcement must be construed narrowly. The Court further held that an enforcement court cannot refuse enforcement by taking a different interpretation of the terms of the contract from what was taken by the arbitral tribunal in the award.