JUDGMENT (Oral)

(By Video Conference on account of COVID-19)

1. These petitions have been preferred under Section 11(6) of The Arbitration and Conciliation Act, 1996 ("the 1996 Act"), seeking reference of the disputes between the parties to arbitration.

2. The contract between the petitioner and the respondent, whereunder reference to arbitration is sought, contains, inter alia, the following Clauses:

"8.1. Governing Law

This Agreement and the transactions contemplated hereby shall be governed by and construed under the Laws of India without regard to conflicts of Laws provisions. Subject to resolution of disputes by arbitration, courts at the place where the Main Premises is located will have exclusive supervisory jurisdiction over matters arising out of this Agreement, especially for granting interim relief and enforcing arbitral awards.

8.2. Arbitration

Any dispute, controversy or claim arising out of or in relation to this Agreement, or at Law, or the breach, termination or invalidity of this Agreement, that cannot be settled amicably by agreement of the Parties to this Agreement shall be finally settled by arbitration in accordance with the Arbitration and Conciliation Act