Yearly Legal Updates on Arbitration Law, 2024 - Part 1 of 3

In Vedanta Ltd v. Shreeji Shipping: Delhi HC upheld that arbitration clauses with multiple seats are valid, granting exclusive jurisdiction to the chosen seat.

In ICDS Ltd v. Sri Bhaskaran Pillai: Karnataka HC ruled agreements referencing the 1940 Act are governed by the 1996 Act unless otherwise agreed.

In Lease Plan India v. Rudraksh Pharma: Delhi HC affirmed arbitration notices via WhatsApp/email as valid if specified in the agreement.

In Apex Buildsys v. IRCON: Delhi HC held that limiting arbitrator panels to three names and permitting one party to appoint two-thirds violates neutrality.

In Techno Compact v. Railtel: Delhi HC emphasized arbitration panels must be diverse, rejecting predominantly government-retired members.