Legal Question in Business Law in India
Arbitration
are two paties residing in India allowed to resolve their matters through foreign institutional arbitration both within India and outside India?
Asked on 4/25/06, 5:43 am
4 Answers from Attorneys
Karnika Seth
Seth Associates
Re: Arbitration
Yes, parties have the autonomy to choose to settle their disputes by submitting to foreign institutional arbitration,whether to be conducted within India or abroad. They are free to choose venue of arbitration,procedure to be adopted,substantive laws ,number of arbitrators etc.
Answered on 4/25/06, 6:22 am
Jayesh Desai
Jayesh Desai
Re: Arbitration
Yes. The law permits parties to choose, venue.
Answered on 5/01/06, 5:50 am
Vivek Anand
M/S.VIVEK ASSOCIATES
Re: Arbitration
As it is matter of contract, the parties are at liberty to choose the appropriate way to resolve the dispute.
Answered on 4/25/06, 2:02 pm
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