Yearly Legal Updates on Arbitration, 2024 - Part 3 of 3

Yearly Legal Updates on Arbitration, 2024 - Part 3 of 3

In Arif Azim Co. v. Micromax: SC reaffirmed the seat-venue distinction, holding Dubai as the seat, conferring exclusive jurisdiction, and dismissed Indian jurisdiction under Section 11(6).

In Union of India v. Panacea Biotec: Delhi HC ruled that Section 34 petitions must include a clear prayer to set aside the award, emphasizing procedural clarity to avoid arbitration delays.

In Rajendra Mimani v. PTCU: Uttarakhand HC held that a substitute arbitrator can be appointed under Section 15(2) after a court-appointed arbitrator's recusal under Section 11.

In PSM Energy v. ZAM Engineering: Telangana HC ruled arbitration clauses cannot extend to unrelated agreements unless part of a single commercial transaction.

In R.S. Construction v. IDA: Patna HC held that arbitration cannot proceed if the nominating authority under Section 12(5) becomes ineligible.

Verdictum / 10 months ago

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