Courts in seat of arbitration alone can regulate arbitral proceedings: Supreme Court
Where there is an express designation of place of arbitration, such place would be the ‘seat’ of arbitration even if it is designated as ‘venue’ in the arbitration agreement, the Court said.
The Supreme Court on Thursday held that once the seat of arbitration is determined, the jurisdictional courts of that seat alone have the power to regulate arbitral proceedings [M/s Arif Azim Co Ltd v. M/s Micromax Informatics FZE].