The Viewpoint - Exclusive Jurisdiction Clauses: An Analysis of the law after Swastik Gas v Indian Oil Corporation LimitedFebruary 6 2014
The recent decision of the Supreme Court of India in Swastik Gas v. Indian Oil Corporation Limited (“Swastik Gas”) has brought a degree of clarity to the vexed question of the interpretation of jurisdiction clauses in commercial contracts. The judgement, rendered by a three judge bench of the Supreme Court, finally laid to rest the controversy with regard to the specific wording of exclusive jurisdiction clauses.
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