On 20 April 2021, a three-judge bench of the Supreme Court resolved a long-running circuit split and held that two Indian-incorporated parties may validly choose a foreign seat of arbitration. The resulting award is a foreign award enforceable under Part II of the 1996 Act, not a domestic award; and the Indian parties retain access to Section 9 interim relief through the proviso to Section 2(2). The judgment treats party autonomy as the dominant principle of Indian arbitration, even where the analytic invites attention to public-policy and contract-law objections.