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lg0f{o g+=&(@% g]=sf=k= @)^% ;jf]{Rr cbfnt, ljz]if Ohnf; dfggLo ...

lg0f{o g+=&(@% g]=sf=k= @)^% ;jf]{Rr cbfnt, ljz]if Ohnf; dfggLo ...

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e binding upon both such<br />

parties."<br />

!(= cGt//fli6«o Gofonosf<br />

president åf/f ;Demf}tdf Joj:yf eP<br />

adf]lhd cfkm"df ePsf] appointing<br />

authority sf] clwsf/ k|of]u u/L Dr.<br />

Sobhie Mahmassani nfO{ sole<br />

Arbitrator lgo'lQm ul/of] . pQm lj<strong>jf</strong>bdf<br />

Libiya n] cfkm\gf] b]z leq /x]sf] cfkm\gf]<br />

;DkQL /fli6«os/0f u/]sf]n] dWo:yåf/f<br />

lj<strong>jf</strong>b ;dfwfg u/fpg] sf/0f klg g/x]sf]<br />

eGg] ts{nfO{ o;/L JofVof u/]sf] b]lvG5<br />

. "It is widely accepted in international<br />

law and practice that an arbitration<br />

clause survives the unilateral<br />

termination by the State of the contract<br />

in which it is inserted and continues in<br />

force even after that termination. This is<br />

a logical consequence of the<br />

interpretation of the intention of the<br />

contracting parties, and appears to be<br />

one of the basic conditions for creating<br />

a favorable climate for foreign<br />

investment."<br />

@)= ;f] ;DaGwdf oxfF<br />

ef/tsf] ;<strong>jf</strong>] {<strong>Rr</strong> <strong>cbfnt</strong>n] Indian Drugs<br />

& Pharmaceuticals Ltd. vs Indo-Swiss<br />

Gem mfg Co.Ltd. sf] d'2fdf u/]sf]<br />

JofVof klg pNn]vlgo 5 . pQm d'2fdf<br />

klg ;Demf}tf e+u u/] klg arbitration<br />

clause survive u5{ eGg] JofVof ePsf]<br />

b]lvG5 .<br />

@!= o;af6 klg ;Demf}tfsf<br />

cGo Joj:yf <strong>jf</strong> zt{ / lj<strong>jf</strong>b ;dfwfg<br />

ug] { dWo:ysf] arbitration clause sf]<br />

Joj:yf leGg :jtGq / independent<br />

g] ]kfn sfg" "g klqsf @)<strong>^%</strong>, c+ +s @<br />

Joj:yf xf] eGg] k|df0fLt x'G5 . ;Demf}tf<br />

e+u u/] klg agreement to Arbitrate<br />

cyf{t dWo:ysf] Joj:yf survive u5{ .<br />

ctM ;Demf}tfsf] s'g} klg kIfn] dfly<br />

pNn]lvt cj:yf cfwf/ / sf/0f b]vfO{<br />

dWo:yåf/f lj<strong>jf</strong>b ;dfwfgsf] Joj:yf<br />

frustrate ug{ ;Sb}g eGg] :ki6 x'G5 .<br />

@@= k'g/fj]bg <strong>cbfnt</strong>x?n]<br />

dWo:y P]g, @)%% sf] bkmf & cg';f/<br />

cfk"mdf ePsf] appointing authority sf]<br />

clwsf/ k|of]u ubf{ dWo:yåf/f lj<strong>jf</strong>b<br />

;dfwfg ug] { ;Demf}tfsf] Joj:yfnfO{<br />

frustrate ug{ ;Demf}tfsf Ps kIfn] lng<br />

;Sg] pk/f]Qm lhls/ tyf bkmf ^-!_ sf]<br />

DofbnfO{ ;d]t Wofgdf /fvL Dofb leq<br />

ePdf / j}slNks k"<strong>jf</strong>{ cj:yf <strong>jf</strong> pkrf/<br />

;d]t invoke u/] gu/]sf] x]/L cfkmgf]<br />

clwsf/ k|of]u ug'{<br />

k5{ .<br />

@#= ca t]>f] k|Zgsf<br />

;DaGwdf ljrf/ ubf{ k|:t't lgj]bgdf<br />

;Demf}tfsf] Ps kIf ljkIfL k|m]G8;\<br />

sGi6«S;g k|f=ln= n] dWo:y lgo'lQm<br />

ul/kfpFm elg tLg JolQmx?sf] gfd<br />

k|:tfj u/L ldlt @)^@.!).!& df lgj]bs<br />

sDkgLnfO{ cg'/f]w u/]sf]df ldlt<br />

@)^@.&.! sf] kqaf6 lgj]bs sDkgLn]<br />

d"n ;+Demf}tfsf] bkmf %! sf] pkbkmf #<br />

adf]lhd xfdL aLr dWo:ytf P]g<br />

adf]lhd sf/<strong>jf</strong>xL cufl8 a9fpg ;Dej<br />

gb]lv+bf sfg"g adf]lhdsf] af6f]<br />

canDag u/]df sDkgLnfO{ s'g} cfklQ<br />

gx'g] Joxf]/f cjut u/fOG5 elg h<strong>jf</strong>km<br />

lbPsf] eGg] b]lvG5 .<br />

@$= k|:t't lj<strong>jf</strong>b;+u b'O{<br />

;Demf}tf ;DaGwLt b]lvG5 . Pp6f<br />

;Demf}tf lgj]bs sDkgL / ljkIfL k|m]G8;<br />

223

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