SIAC India Webinar: Choice of a Foreign Seat by Indian parties: Rationale, Advantages and Learnings скачать в хорошем качестве

SIAC India Webinar: Choice of a Foreign Seat by Indian parties: Rationale, Advantages and Learnings

Party autonomy is considered the cornerstone of arbitration. However, the application of party autonomy in the context of the choice of a foreign seat of arbitration by two Indian parties was previously mired in uncertainty. This issue now appears to have been settled by the Supreme Court of India in its recent decision of PASL Wind Solutions Private Limited v. GE Power Conversion India Private Limited where it decided this issue in favour of party autonomy. This decision opens the door for Indian parties to choose a foreign seat for their arbitrations. In this webinar, leading arbitration practitioners will discuss the above Indian Supreme Court decision, as well as the considerations, advantages and disadvantages involved in the selection by Indian parties of various popular seats of arbitration.