Absence Of Word 'Seat' Does Not Oust Court's Jurisdiction Conferred By Arbitration Agreement: Delhi High Court

The Delhi High Court has ruled that the "absence of the word 'seat'" does "not oust a court's exclusive jurisdiction" when it is conferred by an arbitration agreement. This is a significant ruling that provides clarity on the interpretation of arbitration agreements. The court's decision, which is a significant victory for the government, was made on the grounds that the company's claim was not supported by evidence. The ruling clarifies that a company can be held responsible for the misdeeds of another person.