Glencore International Ag v Dalmia Cement Bharat Limited - Delhi High Court - 23 August 2016
Country
Year
2016
Summary
... The aforesaid ground is countered by Glencore as it is submitted that Part I of the Act does not apply to the arbitral proceedings in question. It is contended that in terms of the Arbitration Agreement, the governing law of the contract was agreed to be the substantive law of England; the seat of arbitration was London; and the arbitration was to be conducted under the Rules of London Court of International Arbitration. Thus, the award sought to be enforced is a foreign award.
The short question that arises for consideration in this petition is whether Part I of the Act would apply to the award in question. ...