RAS AL KHAIMAH INVESTMENT AUTHORITY V REPUBLIC OF INDIA

[2025] EWHC 1553 (Comm), King's Bench Division, Commercial Court, Robin Knowles J, 20 June 2025

Arbitration – Bilateral Investment Treaty – Jurisdiction of Tribunal – Whether measures directly applied to investment – Arbitration Act 1996, section 67

An Indian company, ANRAK, was formed to carry into effect a Memorandum of Understanding agreed in 2007 between the Government of Andhra Pradesh and Government of Ras Al Khaimah under which Ras Al Khaima was to set and operate an alumina and aluminium refinery and smelter to produce one million tonnes of alumina and 250,000 tonnes of aluminium per annum.