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India’s legal framework poses significant obstacles to the enforcement of U.S. court judgments.

India’s legal framework poses significant obstacles to the enforcement of U.S. court judgments.

Bitget-RWA2025/11/27 03:32
By:Bitget-RWA

- U.S. courts face enforcement challenges in India as Byju Raveendran's $1.07B default judgment clashes with India's strict foreign judgment recognition rules under Section 13. - TCS must appeal a $194M trade secrets ruling from the U.S. Fifth Circuit, highlighting cross-border IP disputes' complexity in the global IT sector . - Binance refunds Alpha Points after a technical error in a token airdrop, emphasizing operational risks in blockchain-based reward systems. - Amber International reports 69.8% YoY a

The influence of the U.S. judicial system on Indian markets continues to be a source of debate, as demonstrated by two recent high-profile decisions. In one case, a Delaware bankruptcy court issued a $1.07 billion default judgment against Byju Raveendran, the founder of the edtech company Byju's,

because of non-reciprocating territory provisions in the Civil Procedure Code. The court's decision, which followed Raveendran's noncompliance with discovery orders in a dispute over Alpha-GLAS Trust financing, highlights the challenges of recovering debts across borders. Legal specialists point out that India's stringent Section 13 criteria for accepting foreign judgments—especially those made without a comprehensive trial—will likely require creditors to file a fresh civil case, where the foreign judgment is treated as supporting evidence rather than a final order. This procedural challenge, along with Raveendran's intention to appeal, could postpone any substantial asset recovery for an extended period.

India’s legal framework poses significant obstacles to the enforcement of U.S. court judgments. image 0

Elsewhere, Tata Consultancy Services (TCS)

by the U.S. Fifth Circuit Court of Appeals in its ongoing legal battle over trade secrets with . Although the appellate court maintained the damages verdict, it overturned an injunction and sent it back for further review. TCS, which has previously defended the case as crucial to its reputation, now faces a lengthy legal journey. This outcome draws attention to the increasing focus on intellectual property conflicts in the international IT industry, where cross-border lawsuits frequently challenge the boundaries of legal cooperation.

In another update, Binance's Alpha platform

of Alpha Points to users impacted by a technical glitch during the Kyuzo's Friends (KO) airdrop. The error, which mistakenly flagged tokens as already claimed, highlights the operational vulnerabilities of blockchain-based reward programs. Binance responded promptly by refunding users in full, aiming to reinforce confidence in its decentralized finance (DeFi) offerings.

Amber International Holding Limited posted strong results for the third quarter of 2025, with assets managed on its platform

. The company credited its performance to profitable wealth management services and increased trading activity. Nevertheless, its $300 million share buyback program, approved through 2026, indicates a shift toward optimizing capital in response to heightened competition in the fintech arena.

The U.S. defense sector also made headlines, as Boeing landed a $4.7 billion deal to supply 96 AH-64E Apache helicopters to Poland

in advanced defense technology in Eastern Europe. Deliveries, scheduled to start in 2028, will involve close cooperation with Polish industry partners under an offset arrangement, emphasizing the geopolitical factors at play in defense contracts.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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