Party autonomy brooding spirit of arbitration; Two Indian parties can choose foreign seat of arbitration: Supreme Court [READ JUDGMENT]

An arbitral award arising from such an arbitration would be a foreign award, the Court further said.
Supreme Court
Supreme Court

The Supreme Court on Tuesday held that two Indian parties are entitled to choose a foreign seat of arbitration. (PASL Wind Solutions Private Ltd v. GE Power Conversion India Private Limited).

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