The case involves a dispute between Vysya Bank and Bank of Baroda regarding a letter of credit issued for a transaction in 1992. After legal proceedings in London, a decree was ... passed in 1995 in favor of the Bank of Baroda. Vysya Bank attempted to settle by placing an inter-bank deposit in 1995. In 2003, ING Vysya Bank filed a petition before the Debt Recovery Tribunal. Bank of Baroda filed an execution petition in 2009, 14 years after the London decree, leading to a legal dispute over the timeliness of the petition. The main issue is the limitation period for executing a foreign decree.