1 Introduction – 2 Doctrine of Public Policy: Meaning and Interpretation – 2.1 Meaning and Scope – 2.2 International Public Policy vis-à-vis Domestic Public Policy: Study of the Comparative Jurisprudence – 2.3 Global Perspectives on Substantive and Procedural Public Policy – 3 Scope of Section 34 of the Arbitration and Conciliation Act, 1996 (India): Setting aside an Arbitral Award – 3.1 Overview of the Statutory Provision – 3.2 Distinction between Domestic and Foreign Awards – 4 Disjunct between Theory and Practice: Public Policy and Indian Arbitration through Judicial Interpretations – 5 Recent Developments of Arbitration Laws in India – 6 Transnational Public Policy: Need of the hour – 7 Conclusion – References.