Summary

In the Court of First Instance
of the Astana International Financial Centre

Justice of the Court: Justice Sir Stephen Richards

The Court considered a challenge to the jurisdiction of an Arbitral Tribunal in an IAC arbitration, focusing on whether the seat of arbitration was within the AIFC or outside it. The Court held that the arbitration clause must be interpreted as selecting the AIFC as the seat, thereby confirming the Tribunal’s jurisdiction and dismissing the challenge. The Court also dismissed the application for an anti-suit injunction as unnecessary in the circumstances.