Supreme Court in ______ held irrespective of where the 'central management and control is exercised' by…
In "TDM Infrastructure (P) Ltd. v. UE Development India (P) Ltd", (2008), the Supreme Court held that, irrespective of where central management and control is exercised,…
Choose your answer
Supreme Court in ______ held irrespective of where the 'central management and control is exercised' by a company, companies incorporated in India, cannot choose foreign law as the governing law of their arbitration.
Answer and explanation
Correct answer D
In "TDM Infrastructure (P) Ltd. v. UE Development India (P) Ltd", (2008), the Supreme Court held that, irrespective of where central management and control is exercised, companies incorporated in India cannot choose a foreign law as the governing law of their arbitration. A company incorporated in India is an Indian company for this purpose even if it is controlled from abroad.
Practice for these exams
-
All India Bar Examination (AIBE)
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision