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Award Passed In Arbitration Proceedings Held Abroad Cannot Be Set Aside In India

The Supreme Court, in IMAX Corporation vs. M/S E-CITY Entertainment, has held that Part-I of the Arbitration and Conciliation Act 1996, has no application in a case where parties chose and agreed to the arbitration being conducted outside India and the arbitration was in fact held outside India.

Article referred: http://www.livelaw.in/plea-set-aside-award-passed-arbitration-proceedings-held-abroad-not-maintainable-india-sc/

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