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IMAX CORPORATION Vs. M/S E-CITY ENTERTAINMENT (I) P.LTD.
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Showing posts with label
IMAX CORPORATION Vs. M/S E-CITY ENTERTAINMENT (I) P.LTD.
.
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Sunday, March 19, 2017
It is pertinent to reproduce the relevant portion in the respondent’s application before the ICC while objecting to the authority of the law firms representing the appellant. It stated:- “The seat of this arbitration is London.” Therefore, the two reasons for Part-I not being applicable are as follows:- Parties agreed that the seat maybe outside India as may be fixed by the ICC; and It was admitted that the seat of arbitration was London and the award was made there. Therefore, there is no doubt that Part-I has no application because the parties chose and agreed to the arbitration being conducted outside India and the arbitration was in fact held outside India. 33. In view of the foregoing observations, we find that the High Court committed an error in observing that the seat of arbitration itself is not a decisive factor to exclude Part-I of the Arbitration Act. We therefore set aside the judgment of the High Court and dismiss the petition filed by the respondent under Section 34 of the Arbitration Act before the Bombay High Court.
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REPORTABLE IN THE SUPREME COURT OF INDIA ...
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