Uttarakhand High Court Declared; No International Arbitration Without Foreign Element Between Parties

 

The Uttarakhand High Court has held that without any ‘foreign element’ between parties, a dispute cannot be referred to an international arbitration and will be treated as a domestic dispute. The Court observed that “the fact that both the companies are Indian companies and the contract was executed in India, the work was also executed in India. Therefore, the dispute is a ‘domestic dispute’ which calls for a ‘domestic arbitration’ and not international arbitration”.