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ARTICLE · 03 JULY 2020

Glencore International AG V. Hindustan Zinc Limited

The Petitioner and the Respondent entered into a Contract in the year of 2011 for supply of goods being shipped from Australia to India.

IndiaLitigation, Mediation & Arbitration

FACTS

The Petitioner and the Respondent entered into a Contract in the year of 2011 for supply of goods being shipped from Australia to India. The said Contract under Clause 27.2 stated that the Contract was governed by Laws of England with the venue of arbitration to be in London.

The Parties further, in 2012 entered into a second Contract for supply of an upgraded quantity and had similar terms of governing laws like the 2011 Contract.

The Respondent, in pursuance of disputes arising between the parties, invoked the arbitration clause in the year of 2014 and thereafter, submitted the disputes to the London Court of International Arbitration ("LCIA").

The subject - matter of the disputes were under two Contracts entered between the parties therefore, the LCIA passed two final awards concluding the arbitration.

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