When a domestic arbitral award is to be enforced under Section 36 of the Arbitration and Conciliation Act, 1996 (“Arbitration Act”), can the supervisory court, the “Court” defined in Section 2(1)(e), entertain the enforcement application even though the judgment debtor neither resides nor owns property within its territory?

Can a dollar debt cross the IBC threshold of Rs. 1 crore only because the rupee has fallen?