The Supreme Court held that “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, as has been held hereinabove.” Therefore, the Parties to a Contract who are Indian Nationals or Companies which are incorporated in India can choose a forum for arbitration outside India.
– PASL Wind Solutions Pvt. Ltd. Vs. GE Power Conversion India Pvt. Ltd., dated 20.04.2021.
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