Dispute Resolution Hotline March 23, 2017

Indian Supreme Court upholds choice of foreign seat by an arbitral institution (IMAX v E-City)

In the recent case of IMAX Corporation v. E-City Entertainment Pvt. Ltd., the Supreme Court has upheld choice of foreign seat by an arbitral institution as exclusion of Part I of Arbitration & Conciliation Act, 1996, under the pre-BALCO regime. In this regime, parties were required to expressly or impliedly exclude application of Part-I of the Act in their arbitration agreements in order to exclude jurisdiction of Indian courts. In absence of express exclusion, several other factors were considered by Courts to determine exclusion. The Supreme Court considered choice of ICC Rules by the parties, and the consequent choice of foreign seat by ICC in consultation with parties, to operate as a clear case of exclusion of Part-I of the Act. In doing so, the Supreme Court set aside the decision of the Bombay High Court.

Durga Manda – Member, Kshama Loya Modani - Senior Member, and Vyapak Desai - Head, International Litigation & Dispute Resolution have recently written an article which was first published in the Lexis-PSL Arbitration (March 20, 2017). The article can be accessed from the link provided below:

Indian Supreme Court upholds choice of foreign seat by an arbitral institution (IMAX v E-City)


Durga Priya Manda, Kshama Loya Modani & Vyapak Desai

You can direct your queries or comments to the authors


Mission and Vision


Distinctly Different


Webinars

Will Drones ever fly in India?
December 05, 2017

This event is over. For event material please click here


Seminar

Innovation in Digital Economy - Transforming a Trillion Dollar Potential to Reality
December 07, 2017

This event is over. For event material please click here


Round Table

Evolving Structures and Trends for Distressed M&A/PE in India post the New Bankruptcy Code
November 23, 2017

This event is over. For event material please click here

Want to work with us?


HIRING Now!!

Inviting Top Talent for our Corporate, Funds and International Tax Practices

Strong credentials in Corporate Law (in particular M&A or Fund Investment), Fund Formation or International Tax? Now’s the time to apply. We’re looking for the industry's best talent with scope to do extraordinary work for the world’s best, marquee clients. Reach out for a great career in a great place!

Write to happiness(at)nishithdesai.com


TO LEARN MORE ABOUT US

CLICK HERE.


Nishith Desai Associates 2013. All rights reserved.