Issue Of Arbitrability of Lease Dispute VIS A VIS Right Created by Petroleum Contractin India

India's petroleum industry is distinguished by its strategic significance for both economic growth and energy security. Petroleum contracts, which assign rights for petroleum resource exploration, production, and development, are essential to this industry. However, disagreements between the parties to these contracts frequently occur, just like in any complicated economic partnership. Determining whether lease disputes resulting from petroleum contracts are arbitrable is one of the major issues the Indian legal system faces.