Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
Issues: Whether the amended provisions of the Arbitration and Conciliation Act, 1996 apply to court proceedings filed after 23.10.2015 in relation to foreign-seated arbitral proceedings, and whether the proviso to Section 2(2) permits recourse to Section 9 despite the Singapore seat and Singapore governing law.
Analysis: Section 26 of the Amendment Act was read as not being exhaustive, because its first limb refers only to arbitral proceedings commenced under Section 21 of the principal Act and does not cover proceedings in court in relation to foreign-seated arbitrations. The distinction between "to" and "in relation to" was treated as material, and the amended law was held applicable from its commencement to court proceedings not expressly excluded. The proviso to Section 2(2) was then construed to extend Sections 9, 27 and the specified parts of Section 37 to international commercial arbitrations seated outside India, unless excluded by agreement. The choice of Singapore law and SIAC Rules was held not to amount to an implied exclusion of Section 9, especially since the SIAC Rules themselves permit recourse to judicial interim relief and are consistent with the UNCITRAL Model Law.
Conclusion: The petition was held maintainable, and the petitioner was entitled to invoke Section 9 notwithstanding the foreign seat of arbitration.