JUDGEMENT
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(1.) BY this petition filed under section 9 of the Arbitration and Conciliation Act, 1996, the petitioner seeks direction against the respondent to
furnish security to secure the amounts awarded to the petitioner by the
learned arbitrator by declaring an award on 9th January, 2013 in the sum
of US # 3356203 equivalent to Rs.181234926/ - approximately as on 18th
January, 2013 and seeks appointment of the Court Receiver and injunction
against respondents.
(2.) THE respondents have filed affidavit dated 25th February, 2013 raising preliminary objection about territorial jurisdiction of this court to
entertain this petition.
The learned counsel appearing on behalf of the respondents submits that the respondent carries on business at Kolkata. The Petitioner is
having its registered office at Jambia. The contracts dated 10th August,
2006 and 18th August, 2006 which were subject matter of arbitration were received and executed by the respondent at Kolkata. The transaction
between the petitioner and respondent took place at Kolkata. It is
submitted that no part of cause of action in the pending arbitral
proceedings has arisen within the territorial jurisdiction of this court
nor the respondents has its registered office or branch office within the
jurisdiction of this court. The learned counsel submits that this court
does not fall within the purview of "Court " as contemplated by provisions
of section 2(1)(e) of the Arbitration & Conciliation Act, 1996.
(3.) THE learned counsel for the respondent placed reliance upon the judgment of the Supreme Court in the case of Bharat Alluminium Vs. Kaiser
Alluminium delivered on 6th September, 2012 reported in (2012) 9 S.C.C.
552 and particularly paragraph 197.;
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