Arbitration Law – Whether two companies incorporated in India can choose a forum for arbitration outside India, Held, Nothing stands in the way of party autonomy in designating a seat of arbitration outside India even when both parties happen to be Indian nationals.
SUPREME COURT OF INDIA FULL BENCH PASL WIND SOLUTIONS PRIVATE LIMITED — Appellant Vs. GE POWER CONVERSION INDIA PRIVATE LIMITED — Respondent ( Before : Rohinton Fali Nariman, B.R. Gavai…