The supreme Court of India coined that only British court can hear a petition that challenges the decision of a London arbitration tribunal on Panna-Mukta and Tapti gas fields’ contract between Reliance Industries and the government.
The apex court bench of Justice S.S. Nijjar and Justice A.K. Sikri said that the British courts, while hearing the petition challenging the award by the arbitration tribunal, will rely on the substantive Indian laws relating to it.
