ISLAMABAD: The London Court of International Arbitration (LCIA) has permanently restrained Pakistan from challenging its rulings regarding payments to nine independent power producers (IPPs) in local courts of Pakistan.

“The IPPs are entitled to a final anti-suit injunction, continuing the interim injunction granted by Males J, on the entirely straightforward basis that the seat of the Arbitration is London. NTDC is to be restrained on a permanent basis from challenging the Partial Final Award in proceedings in Lahore, Pakistan, or anywhere other than England and Wales”, says the judgment, authored by LCIA judge Justice Phillips over the dispute between nine IPPs and National Transmission and Dispatch Company (NTDC). A copy of the judgment is available with The Express Tribune.

Published in the Express Tribune, 23rd May, 2018

https://tribune.com.pk/story/1716641/1-pakistan-restrained-local-challenges-foreign-rulings/