The company stressed that by the time Indian Oil initiated arbitration proceedings in May 2021, DTI had already dissolved its New York corporate registration and had no staff, offices, or bank accounts. Indian Oil also noted that both Singapore and the United States are signatories to the New York Convention, making the award enforceable in U.S. courts. Indian Oil stated that all communications and notices were sent to DTI’s known addresses, but the company did not respond to the arbitration proceedings. If the court grants DTI’s motion, Indian Oil may need to pursue alternative avenues or may be left unable to recover the awarded sum. DTI Financial is represented by David K. Bowles of Bowles & Johnson PLLC, while Indian Oil Corp. is represented by Matthew J. Weldon, Tom A.