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    <title>2012 (9) TMI 912 - Supreme Court</title>
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    <description>The Arbitration and Conciliation Act, 1996 adopts the territoriality principle: Part I applies only where the seat or place of arbitration is in India, so it does not extend to foreign-seated international commercial arbitrations. As a result, Indian courts cannot grant Section 9 interim measures or entertain a Section 34 setting-aside challenge for such arbitrations, because supervisory jurisdiction under Part I is confined to domestic-seated proceedings. Section 48(1)(e) is only an enforcement defence tied to the New York Convention and does not create concurrent jurisdiction in India to annul foreign awards. An independent suit for interim injunction pending a foreign-seated arbitration is also not maintainable absent a substantive cause of action.</description>
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      <title>2012 (9) TMI 912 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=168585</link>
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      <pubDate>Thu, 06 Sep 2012 00:00:00 +0530</pubDate>
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