The Supreme Court and High Court delivered significant rulings in the Q4 of 2024. These judgments impact the arbitration landscape in India. The Supreme Court has clarified that Public Sector Units cannot unilaterally appoint arbitrators from arbitrator panels curated by them. The Supreme Court has also, stated that the "Closet Connection test" is no longer a proper test to determine the seat for arbitration. These judgments upheld the principle of party autonomy in arbitration. Meanwhile, the High Courts, upheld the fundamental principles of the arbitration act are not derogable.
To closely understand and follow the evolving landscape of arbitration law in Q4 of 2024, C&M has prepared its third quarter update on key developments. These selections of cases highlight the significant development of arbitration law and process in India. In addition, we provide our insights on these zealous judgments and how they can impact the legal framework.
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