Tethyan Copper Company Pty Limited v Islamic Republic of Pakistan; Pakistan International Airways Corporation Limited; Pia Investments Limited; Minhal Incorporated; Pia Hotels Limited; Virgin Islands Registrar Of Companies; Citco B.V.I. Limited; Harneys Corporate Services Limited.
ORDER WITHOUT NOTICE
1. Subject to paragraph 6 below, the Award rendered under the auspices of the International Centre for Settlement of Investment Disputes ("ICSID") in ICSID Case No. ARB/12/1 against the First Respondent, the Islamic Republic of Pakistan ("Pakistan"), on 12 July 2019 (the "Award") is:
a. Registered in the Court, effective forthwith upon the making of this order, recognized and Tethyan is given permission to enforce the Award Pursuant to section 1(2) of the United Kingdom's Arbitration (International Investrnent Disputes) Act 1966 (the "1966 Act"), as extended to the BVI and amended by the United Kingdom's Arbitration (International Investment Disputes) Act - 1966 (Application to Colonies etc.) Order 1967 (SI 1967/159) (the 19 67- Order"), and
b. Alternatively, subject to paragraph 6 below, the Award is recognized and Tethyan is granted leave of the Court to enforce the Award in the same manner as a judgment or order of the Court that has the same effect pursuant to sections 81 and 82 of the Arbitration Act, 2013 (as amended) (the "2013 Act").
(OCR errors may be present)