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Showing contexts for: HARDY EXPLORATION in Harmony Innovation Shipping Ltd vs Gupta Coal India Ltd. And Anr on 10 March, 2015Matching Fragments
[Emphasis added]
40. In Reliance Industries Ltd. (supra), the two-Judge Bench, while referring to the submissions of the learned counsel for the appellant therein had also referred to the pronouncement in Yograj Infrastructure Ltd. (supra) and dealt with it thus:
"Again this Court in Yograj Infrastructure (two-Judge Bench) considered a similar arbitration agreement. It was provided that the arbitration proceedings shall be conducted in English in Singapore in accordance with the Singapore International Arbitration Centre (SIAC) Rules (Clause 27.1). Clause 27.2 provided that the arbitration shall take place in Singapore and be conducted in English language. This Court held that having agreed that the seat of arbitration would be Singapore and that the curial law of the arbitration proceedings would be the SIAC Rules, it was no longer open to the appellant to contend that an application under Section 11(6) of the Arbitration Act, 1996 would be maintainable. This judgment has specifically taken into consideration the law laid down in Bhatia International and Venture Global. The same view has been taken by the Delhi High Court, the Bombay High Court and the Gujarat High Court, in fact this Court in Videocon has specifically approved the observations made by the Gujarat High Court in Hardy Oil and Gas Ltd. v. Hindustan Oil Exploration Co. Ltd.[20]"