ZAVER PETROLEUM CORPORATION (PVT.) LIMITED vs SAIF ENERGY LIMITED Ss — 2025 CLD 695 ISLAMABAD

Case information

Citation: 2025 CLD 695 ISLAMABAD
Court: Islamabad High Court
Year: 2025
Reporter: CLD
Parties: ZAVER PETROLEUM CORPORATION (PVT.) LIMITED vs SAIF ENERGY LIMITED Ss
Subject matter: Civil

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

ZAVER PETROLEUM CORPORATION (PVT.) LIMITED VS SAIF ENERGY LIMITED Ss. 3(2), 4 & 11---Foreign seated arbitration---Execution of award---Applicant company sought execution of awards announced by London Court of International Arbitration (LCIA) against respondent company---Validity---Where international commercial contract contains agreement to resolve disputes by arbitration, at least three systems of national law are engaged when a dispute occurs---These are the laws governing substance of dispute; law governing the agreement to arbitrate; and law governing the arbitration process---Law governing substance of dispute is generally the law applicable to the contract from which the dispute has arisen---Law governing arbitration process (curial law) is generally law of the seat of arbitration, which is usually the place chosen for arbitration in the agreement---In the present case Letter Agreement provided for arbitration to be "at London" and by virtue of Art. 16.2 of London Court of International Arbitration Rules, 2020, the parties were deemed to have agreed for the seat of arbitration under Clause 4.3 of Farm out Agreement to be London---Curial law governing arbitration was English law and not Pakistani law---High Court recognized the awards and directed it to be executed in the same mode and manner as decrees---High Court directed respondent company to show compliance with the awards---Application was allowed accordingly.

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