M/S SWASTIK GASES P.LTD. vs INDIAN OIL CORP.LTD.

The Supreme Court addressed the issue of jurisdiction under the Arbitration and Conciliation Act, 1996, specifically Section 11, in the context of a consignment agency agreement. The Court held that the jurisdiction clause in the agreement, which designated the Calcutta High Court as the exclusive jurisdiction, must be honored, thereby ruling that the Rajasthan High Court lacked jurisdiction to appoint an arbitrator. Consequently, the appeal was dismissed, affirming the lower court's decision regarding jurisdiction.