V.KAMESWAR RAO
Goyal Mg Gases Private Limited – Appellant
Versus
Steel Authority of India – Respondent
JUDGMENT
V. Kameswar Rao, J. - This petition has been filed under Section 34 of the Arbitration & Conciliation Act, 1996 (''Act of 1996'', for short) challenging the Award dated May 05, 2020.
2. A preliminary objection has been taken by Mr. Sandeep Sethi, Ld. Sr. Counsel appearing for the respondent that this petition is not maintainable in this Court. In this regard, he stated that the Agreement dated July 20, 2005 (''Agreement'', for short) between the parties contains an arbitration clause in Article 25.4 (''arbitration clause'', for short) which clearly states that (i) the arbitration proceedings shall be held in Durgapur, West Bengal and (ii) the Courts of Durgapur, West Bengal shall have exclusive jurisdiction over all matters of dispute. The parties have expressed their clear and unmistakable intent in writing that the juridical seat of the arbitration shall be at Durgapur, West Bengal with vesting of exclusive jurisdiction on the courts at Durgapur, West Bengal.
3. In the present case while for convenience sake, the hearing of arbitration was held at New Delhi, the juridical seat remained to be Durgapur, West Bengal as per the arbitration clause. The petitioner has failed to
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