Delhi HC dismisses Centre's plea seeking injunction against UK arbitration by VodafoneMay 8 2018
The Delhi High Court yesterday dismissed the Centre's petition seeking injunction against Vodafone from initiating arbitration proceedings in UK under the India-UK Bilateral Investment Protection Agreement.
The Single Judge Bench of Justice Manmohan pronounced the judgment after hearing lengthy arguments from both the sides for several months. The judgment assumes great significance as there is limited authority on the jurisdiction and approach of National Courts on the nature of arbitrations under such treaties.
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