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Law of the land where seat chosen shall apply in arbitration

The Supreme Court in EITZEN BULK A/S VS. ASHAPURA MINECHEM LTD. has reiterated that held that mere choosing of the juridical seat of Arbitration attracts the law applicable to such location and it would not be necessary to specify which law would apply to the Arbitration proceedings, since the law of the particular country would apply ipso jure.

Article referred: http://www.livelaw.in/mere-choosing-juridical-seat-arbitration-attracts-law-applicable-location-supreme-court/

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