Yet Another Misad-Venture by Indian Courts in the Satyam Judgment?

The Indian Supreme Court in Venture Global Engineering v. Satyam Computer Services Ltd has attracted vehement criticism for claiming jurisdiction to set aside foreign awards. In an attempt to objectively assess the decision of the Court, the author traces the various judgments and the position of la...

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Bibliographic Details
Published in:Arbitration international 2010-06, Vol.26 (2), p.251-280
Main Author: Jain, Alok N
Format: Article
Language:English
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Summary:The Indian Supreme Court in Venture Global Engineering v. Satyam Computer Services Ltd has attracted vehement criticism for claiming jurisdiction to set aside foreign awards. In an attempt to objectively assess the decision of the Court, the author traces the various judgments and the position of law of arbitration in India on the same. The analysis of various judgments, some orthodox and some broad in their perspective, reveals the contortion of a previously straightforward law into a difficult regime governing arbitration proceedings and arbitral awards.
ISSN:0957-0411
1875-8398
DOI:10.1093/arbitration/26.2.251