Gujarat High Court, arbitration
Litigation News
Can Indian parties choose a foreign seat of arbitration and enforce the arbitral award in India? Gujarat High Court says yes
The Court was dealing with a dispute where two Indian parties to an arbitration agreement had chosen Zurich as the seat of arbitration.
The Gujarat High Court yesterday unequivocally settled the position of law that two Indian parties can choose a foreign seat of arbitration and the award decreed therefrom could be enforced as a foreign arbitral award in India. (GE Power Conversion Pvt. Ltd. v. PASL Wind Solutions Pvt. Ltd.)