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    <title>2024 (11) TMI 393 - Supreme Court (LB)</title>
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    <description>A foreign arbitration clause designating Dubai, UAE as the venue, adopting UAE Arbitration and Conciliation rules, and being governed by UAE law was treated as having a foreign juridical seat. On that basis, Part I of the Arbitration and Conciliation Act, 1996 was held inapplicable, and Indian courts could not exercise Section 11 jurisdiction. Applying the venue-as-seat approach and the Shashoua principle, the Court found no contrary indicia to show Dubai was merely a hearing place; a non-exclusive jurisdiction reference to Dubai Courts did not alter the seat. The arbitration was therefore foreign-seated and outside Indian supervisory jurisdiction.</description>
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      <title>2024 (11) TMI 393 - Supreme Court (LB)</title>
      <link>https://www.taxtmi.com/caselaws?id=761407</link>
      <description>A foreign arbitration clause designating Dubai, UAE as the venue, adopting UAE Arbitration and Conciliation rules, and being governed by UAE law was treated as having a foreign juridical seat. On that basis, Part I of the Arbitration and Conciliation Act, 1996 was held inapplicable, and Indian courts could not exercise Section 11 jurisdiction. Applying the venue-as-seat approach and the Shashoua principle, the Court found no contrary indicia to show Dubai was merely a hearing place; a non-exclusive jurisdiction reference to Dubai Courts did not alter the seat. The arbitration was therefore foreign-seated and outside Indian supervisory jurisdiction.</description>
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