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    <title>2021 (4) TMI 1056 - Supreme Court</title>
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    <description>Foreign-seated arbitration between two Indian parties is valid, and an award made at that seat qualifies as a foreign award under the New York Convention enforcement regime. The juridical seat, rather than the parties&#039; nationality or residence, determines the award&#039;s character; hearings in India may remain a convenient venue without changing the seat. Party autonomy permits selection of a neutral foreign forum, subject to enforcement-stage objections. Part I applies to India-seated arbitrations, while Part II governs recognition and enforcement of foreign awards; limited interim relief may remain available for foreign-seated arbitrations. The Commercial Courts Act does not displace the High Court&#039;s statutory jurisdiction to enforce a foreign award.</description>
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