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Neutral Citation Number: [2025] EWHC 1553 (Comm)
Case No: CL-2022-000304
IN THE HIGH COURT OF JUSTICE
BUSINESS AND PROPERTY COURTS OF ENGLAND & WALES
KING'S BENCH DIVISION
COMMERCIAL COURT
In the matter of the Arbitration Act 1996
And in the matter of an arbitration under the UNCITRAL Arbitration Rules
Rolls Building, Royal Courts of Justice
Fetter Lane, London
Date: 20/06/2025
Before:
THE HON. MR JUSTICE ROBIN KNOWLES CBE
Between:
RAS AL KHAIMAH INVESTMENT AUTHORITY | Claimant/ Appellant |
- and - | |
REPUBLIC OF INDIA | Defendant/ Respondent |
Toby Landau KC, Lucas Bastin KC and Matthieu Gregoire (instructed by Jones Day) for the Claimant/ Appellant
Samuel Wordsworth KC, Siddharth Dhar KC and Peter Webster (instructed by Dentons) for the Defendant/ Respondent
Hearing dates: 15 and 16 October 2024
JUDGMENT
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- Robin Knowles J, CBE
- The BIT
- The MOU
- ANRAK Aluminium Ltd, Penna Cement Ltd and The Share Holders Agreement
- The BSA
- 2009-2016
- Section 7
- The conclusion of the Tribunal
- Interpreting the BIT: generally
- “Investment” and jurisdiction
- “Investment” by RAKIA
- A “binding action” taken by the Government of Andhra Pradesh “while exercising their executive powers”
- “Under any law, rule or regulation”
- “And applied directly to” an Investment
- Conclusions
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