Parties Autonomy is Underlying Principle of Arbitration | PASL Ltd V GE Power

Recently in PASL Wind Solutions v. GE Power Conversion India, the question arose as to whether two companies incorporated in India can choose a forum for arbitration outside India. On 20 April 2021, the Indian Supreme Court in this case said that, Indian parties are free to choose a seat of arbitration outside India and that there is no bar under the Arbitration & Conciliation Act 1996 for choosing a foreign law as the procedural law. It further clarified that the award would enforceable as a foreign award in India under Part-II of the Act.<

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