Case Law Details
Case Name : Video con Industries Limited Vs Union of India and Anr (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
Video con Industries Limited Vs Union of India and Anr (Supreme Court)
Supreme Court of India rejects petition under Section 9 of Arbitration & Conciliation Act, 1996 holding that application of Part I of the Act has been excluded. The judgment is indeed another good sign in the line of progressive and positive decisions in cases of international commercial arbitration. It comes soon after the Dozco Case and holds that when the substantive law of the arbitration agreement is a foreign law as selected by the parties, it necessarily implies that the parties had agreed to exclude the provis...
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