https://www.taxtmi.com/caselaws?id=406940 A foreign seat of arbitration chosen by two Indian parties can be valid, and an award rendered at that seat is treated as a foreign award under section 44 of the Arbitration and Conciliation Act, 1996 because the seat, not the parties' nationality, is decisive. The article also explains that Part I and Part II of the Act operate in separate fields: Part I governs India-seated arbitrations, while Part II governs recognition and enforcement of foreign awards. It further notes that the Commercial Courts Act does not displace the enforcement forum under the arbitration statute, and that limited interim relief under section 9 may still be available in aid of foreign-seated arbitration. en-us Tue, 20 Apr 2021 00:00:00 +0530 Fri, 04 Nov 2022 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406940 A foreign seat of arbitration chosen by two Indian parties can be valid, and an award rendered at that seat is treated as a foreign award under section 44 of the Arbitration and Conciliation Act, 1996 because the seat, not the parties' nationality, is decisive. The article also explains that Part I and Part II of the Act operate in separate fields: Part I governs India-seated arbitrations, while Part II governs recognition and enforcement of foreign awards. It further notes that the Commercial Courts Act does not displace the enforcement forum under the arbitration statute, and that limited interim relief under section 9 may still be available in aid of foreign-seated arbitration. Case-Laws Indian Laws Tue, 20 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406940