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Arbitration: Indian parties and foreign seats
May 02, 2021
The Supreme Court held that the provisions for recognition and enforcement of foreign awards are concerned with seats rather than location of the parties   -  studiocasper
The Supreme Court held that the provisions for recognition and enforcement of foreign awards are concerned with seats rather than location of the parties   -  studiocasper×
Apex Court held that any two Indians have the authority to designate a neutral forum outside India for dispute resolution
A foreign seat of arbitration is often preferred by the international companies in contracts involving their Indian subsidiary. However, Indian law remained ambiguous on whether two Indian parties can choose a non-Indian seat of arbitration and if the interim orders that are indispensable to secure assets apply to such arbitrations. These ambiguities are now resolved by the Supreme Court judgment in ....

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