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India Supreme Court Decision Signals Pro-Arbitration Turn
7 September 2012
The Supreme Court of India has held that Indian courts may not exercise supervisory jurisdiction over international commercial arbitrations seated outside India.
The decision signals a reversal of India’s recent jurisprudence on arbitration, which had been widely perceived as “interventionist” and “arbitration-hostile.”
The India Supreme Court’s decision is, however, effective only with respect to future arbitration agreements. It does not apply to agreements made prior to yesterday's decision.
Lord Goldsmith QC
Geoffrey P. Burgess
Christopher K. Tahbaz
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