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When Parties Decide The Place Of Arbitration, Only The HC Having Territorial Jurisdiction Over That Place Can Entertain Application U/S 11 Of Arbitration Act: Orissa HC

The Orissa High Court refused to entertain a petition filed under Section 11 (6) of the Arbitration and Conciliation Act of India, 1996 observing that “the Court does not have the territorial jurisdiction to entertain the petition”. The Bench of Chief Justice Mohammad Rafiq was hearing an application filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 by the petitioner-M/s. SJ Biz Solutions Pvt. Ltd. filed an application (for short, “Act, 1996”) seeking appointment of an independent arbitrator to arbitrate the disputes between the petitioner and the opposite party.

Asia Law Offices advised a major transnational strategic collaboration between its client, UAE-Based Pharmax Pharmaceuticals, and Swiss pharma major Acino Pharmaceuticals.

ALO represented Pharmax in the structuring and closure of entire transaction documents of the significant collaboration.

The collaboration framework extends to licensing, manufacturing, and supply of Acino formulations within the gastroenterology and the cardiovascular space throughout the Middle East and Africa.