Indian Court Declines To Enjoin ICC Arbitration Of Indian-U.S. Company Dispute

(September 9, 2020, 11:44 AM EDT) -- KOLKATA, India — A Calcutta High Court justice on Aug. 12 declined an Indian metal manufacturer's interlocutory application to enjoin arbitration in the United Kindgom of a dispute with a U.S.-based distributor regarding an alleged debt of $2.6 million in favor of arbitration in India after finding that Indian courts may grant injunctions halting foreign-seated arbitrations only under limited and "rare" circumstances while the present dispute falls under the parties' agreement that provides for arbitration before the International Commercial Court (ICC) in London (Balasore Alloys Limited v. Medima LLC, G.A. 871 of 2020 and 872 of 2020, Calcutta High)....

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