The Uttarakhand High Court has held that without any 'foreign element' between parties, a dispute cannot be referred to an international arbitration and will be treated as a domestic dispute.
The terms of the contract between the parties in question (KLA Const. Technologies Pvt Ltd. and Kajima India Pvt Ltd) spoke of an 'International Arbitration' and stated that settlement of any dispute would be under the Rules of Arbitration of the International Chamber of Commerce.
However, it . . .
With a premium account you get:
- One year of unrestrcited access to previous interviews, columns and articles
- One year access to all archival material
- Access to all Bar & Bench reports