M/S. Centrotrade Minerals & Metal. Inc vs Hindustan Copper Ltd

The Supreme Court addressed the interpretation of an arbitration agreement under the Arbitration and Conciliation Act, 1996, specifically regarding the applicability of Part I and Part II. The Court held that the two-tier arbitration clause, which allowed for arbitration in India followed by a second arbitration in London, was valid and enforceable. The Court ruled in favor of Centrotrade, affirming the validity of the second arbitration despite HCL's claims of it being void due to public policy concerns.