'Urgent Need Of A Credible Institutional Arbitration Centre In India': Delhi High Court Rejects Plea Alleging Bias In Composition Of DIAC
2 years, 3 months ago

'Urgent Need Of A Credible Institutional Arbitration Centre In India': Delhi High Court Rejects Plea Alleging Bias In Composition Of DIAC

Live Law  

Dismissing a public interest litigation challenging the constitutional validity of Section 5 of the New Delhi International Arbitration Centre Act, the Delhi High Court has said that mere involvement and support of the Centre does not by itself raise apprehension of bias and impartiality.The provision provides for constitution of New Delhi International Arbitration Centre with following. Dismissing a public interest litigation challenging the constitutional validity of Section 5 of the New Delhi International Arbitration Centre Act, the Delhi High Court has said that mere involvement and support of the Centre does not by itself raise apprehension of bias and impartiality. The provision provides for constitution of New Delhi International Arbitration Centre with following members: one retired judge of High Court or Supreme Court as Chairperson; two eminent persons and a representative of recognised body of commerce and industry appointed and chosen by the Central Government; Secretary of Department of Legal Affairs ; one Financial Adviser nominated by Department of Expenditure ; and Chief Executive Officer. Urgent Need Of Credible Institutional Arbitration Centre The court said there is an urgent need of a credible institutional arbitration centre in India, akin to other jurisdictions such as Singapore International Arbitration Centre, Hong Kong International Arbitration Centre, and London Court of International Arbitration.

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History of this topic

International Commercial Arbitration | How To Determine Law Governing Arbitration Agreement? Supreme Court Discusses Tests
1 week, 2 days ago

International Commercial Arbitration | How To Determine Law Governing Arbitration Agreement? Supreme Court Discusses Tests

Live Law  

In a significant judgment relating to International Commercial Arbitration, the Supreme Court today ruled that in the absence of an express law governing the arbitration agreement, the applicable law should be determined based on the parties' intentions, with a strong presumption in favor of the law governing the main contract. After a dispute arose between the parties, the Petitioner sought …

Veracity Of Allegations Against Settlement Agreement Cannot Be Looked Into By Court In Application U/S 11 Of Arbitration Act: Delhi High Court
2 weeks, 1 day ago

Veracity Of Allegations Against Settlement Agreement Cannot Be Looked Into By Court In Application U/S 11 Of Arbitration Act: Delhi High Court

Live Law  

The Delhi High Court bench of Justice Manoj Kumar Ohri has reiterated that the scope of inquiry under Section 11 of the Arbitration and Conciliation Act, 1996, is limited to examining the prima facie existence of the arbitration agreement. It was further observed that if either party contests a prior settlement agreement, then such allegations cannot be looked into by …

[Arbitration Act] S.2(1)(f) Is Non-Derogable, Applicability Cannot Be Excluded Even By Mutual Consent Of Parties: Delhi High Court
3 months, 3 weeks ago

[Arbitration Act] S.2(1)(f) Is Non-Derogable, Applicability Cannot Be Excluded Even By Mutual Consent Of Parties: Delhi High Court

Live Law  

The Delhi High Court bench of Justice Neena Bansal Krishna has held that section 2 of the Arbitration Act which defined the International Commercial Arbitration is a non derogable provision and its applicability cannot be excluded even by mutual consent of the parties. However, certain Sections of the Act, like S.2 which is the definition section, form the basic structure …

Delhi HC Allows Invocation Of Arbitration Clause After 10 Yrs, Says That Scope Of S.11(6) Plea Is Limited To Ascertaining Existence Of Agreement
Trending News
3 months, 3 weeks ago

Delhi HC Allows Invocation Of Arbitration Clause After 10 Yrs, Says That Scope Of S.11(6) Plea Is Limited To Ascertaining Existence Of Agreement

Live Law  

The Delhi High Court Bench of Justice Sachin Datta has held that the scope of the present proceedings is confined to ascertaining the existence of the arbitration agreement. Observation of the court: The court held that the scope of the present proceedings is confined to ascertaining the existence of the arbitration agreement. Then, the court held that since the existence …

Institutionalizing Arbitration: The Crucial Role of Domain Experts in India's Appellate Tribunals
5 months ago

Institutionalizing Arbitration: The Crucial Role of Domain Experts in India's Appellate Tribunals

Live Mint  

Legal experts emphasize the importance of the right talent to yield successful results in arbitration tribunals. The introduction of appellate tribunals dedicated to arbitration would require the inclusion of domain experts to ensure technical accuracy and adherence to specialized sector rules. This would help retain cases within the country and establish India as a global arbitration hub.

Top court judge notes role of arbitration for resolution of disputes
6 months, 1 week ago

Top court judge notes role of arbitration for resolution of disputes

Hindustan Times  

Supreme Court judge, justice Surya Kant, on Sunday emphasised the growing importance of arbitration as a key mechanism for dispute resolution in an increasingly interconnected world. Justice Surya Kant In his valedictory address at the “Conference on International Arbitration and the Rule of Law”, the judge highlighted that India is positioning itself as a hub of international commercial arbitration as …

Constitution bench reserves judgment in arbitration case
6 months, 3 weeks ago

Constitution bench reserves judgment in arbitration case

Hindustan Times  

New Delhi A Constitution bench of the Supreme Court on Friday reserved its judgment on the complex legal question of whether one party in an arbitration can unilaterally appoint a panel of arbitrators and require the other party to select arbitrators from that panel. During the proceedings, the bench highlighted the critical importance of maintaining integrity in arbitration, particularly in …

Constitution bench says fairness key in arbitration
6 months, 3 weeks ago

Constitution bench says fairness key in arbitration

Hindustan Times  

A Supreme Court constitution bench on Thursday underscored the importance of fairness in arbitration, particularly in cases involving the government and public sector undertakings, stating that the government’s interest should extend beyond securing favorable outcomes, focussing instead on preserving the integrity of the arbitration process as a whole. The five-judge bench, led by Chief Justice of India Dhananjaya Y Chandrachud, …

India aims to be global arbitration hub. And cut costs for its biggest litigant.
7 months, 1 week ago

India aims to be global arbitration hub. And cut costs for its biggest litigant.

Live Mint  

New Delhi: The Union law ministry has commissioned a study of the legal frameworks in top international commercial centers as part of its efforts to position India as a global arbitration hub. The ministry is looking to address challenges in India’s arbitration system and improve the execution of arbitral awards, or out-of-court settlements, two officials said, declining to be identified. …

Now Is The Time For Countries Like India To Promote A Culture Of Commercial Arbitration: CJI DY Chandrachud
9 months, 3 weeks ago

Now Is The Time For Countries Like India To Promote A Culture Of Commercial Arbitration: CJI DY Chandrachud

Live Law  

Chief Justice of India DY Chandrachud, while delivering a speech at the UK Supreme Court, opined that that now is the time for countries such as India to focus on building a strong culture of commercial arbitration. CJI was delivering the speech on “ Law and Practice of commercial arbitration: Shared understandings and developments in UK and India.” At the …

Arbitration now preferred method for commercial justice: CJI Chandrachud
9 months, 3 weeks ago

Arbitration now preferred method for commercial justice: CJI Chandrachud

Hindustan Times  

Chief Justice of India Dhananjaya Y Chandrachud has underscored the pivotal role of arbitration in the realm of commercial justice, asserting that it is no longer an alternative but a preferred method of dispute resolution. Delivering his address at the Supreme Court of the United Kingdom on Thursday evening, the CJI highlighted the evolution of arbitration from a supplementary dispute …

Specialised Arbitration And The Transformation Of Indian Dispute Resolution
10 months ago

Specialised Arbitration And The Transformation Of Indian Dispute Resolution

Live Law  

Arbitration in the recent times has emerged as a promising solution for litigants struggling to get prompt assistance from the overwhelmed Indian Courts. An alternative perspective can be that as long as the Arbitrators possess the requisite expertise, the choice between a Specialised Arbitration Centre, a Generalist Arbitration Centre or an Ad Hoc arrangement will not significantly impact the outcome …

Membership Of An Arbitral Institution Cannot Be Insisted Upon As A Pre-Requisite For Invoking Arbitration: Delhi High Court
1 year ago

Membership Of An Arbitral Institution Cannot Be Insisted Upon As A Pre-Requisite For Invoking Arbitration: Delhi High Court

Live Law  

The High Court of Delhi has held the membership of an arbitral institution cannot be insisted upon as a pre-requisite for invoking arbitration. Since, the petitioner cannot invoke arbitration under SAROD Rules for want of membership, the appointment has to be made under S. 11 Analysis by the Court The Court impleaded SAROD as a party to ascertain whether Rule …

IIAM: Panel Discussion On "Future-Proofing Investments: Trends In Arbitration" [25th February 2024]
1 year, 2 months ago

IIAM: Panel Discussion On "Future-Proofing Investments: Trends In Arbitration" [25th February 2024]

Live Law  

Indian Institute of Arbitration & Mediation is conducting a Panel Discussion on "Future-Proofing Investments: Trends in Arbitration" on 25th February 2024 at New Delhi. Bhat, Former Judge, Supreme Court of India Mr. Friedrich Rosenfeld, Partner at Hanefeld at Paris and Global Adjunct Professor of Law at NYU Paris Mr. Anil Xavier, Chairman APCAM & President IIAM Mr. Sidharth Sethi, Partner, …

Arbitration Weekly Round-Up: 27th November to 3rd December
1 year, 3 months ago

Arbitration Weekly Round-Up: 27th November to 3rd December

Live Law  

Bombay High Court N.N. Court U/S 37 Of The A&C Act Can’t Undertake An Independent Assessment Of Arbitral Award,: Bombay High Court Case Title: Madgavkar Salvage v. Bergen Offshore Logistics Pvt Ltd, Comm. Taking into account the legal position, the case law on the subject and the particular facts in the present matter, the Court is accordingly of the view …

Arbitration A Boon For Businesses And Individuals Seeking Swift, Cost-Effective Dispute Resolution: Justice Sanjay Karol
1 year, 4 months ago

Arbitration A Boon For Businesses And Individuals Seeking Swift, Cost-Effective Dispute Resolution: Justice Sanjay Karol

Live Law  

Recently, Justice Sanjay Karol of the Supreme Court of India addressed a gathering at Ram Manohar Lohiya National Law University, Lucknow, which was hosting the World rounds of the Foreign Direct Investment International Arbitration Moot Court Competition. “The fundamental goal of the 1996 Act is to promote arbitration as a costeffective, time-efficient, and acceptable procedure for resolving conflicts in both …

'India Is Arbitration-Friendly' : Justice SK Kaul Says At International Legal Forum Of Asia-Pacific Region
1 year, 5 months ago

'India Is Arbitration-Friendly' : Justice SK Kaul Says At International Legal Forum Of Asia-Pacific Region

Live Law  

Justice Sanjay Kishan Kaul, judge of the Supreme Court, participated in the 12th International Legal Forum of the Asia-Pacific Region on Thursday. The topic of the forum was, "Balance of Protection of National Interests and Rights of Participants of International Economic Relations".In his address, Justice Kaul said that the judiciary should exercise restraint in interfering. In his address, Justice Kaul …

Intention Of Legislature Is To Limit The Interference By The Courts In The Process Of Arbitration: Delhi HC
1 year, 10 months ago

Intention Of Legislature Is To Limit The Interference By The Courts In The Process Of Arbitration: Delhi HC

Live Law  

The Delhi High Court while dismissing the Petitions filed under Section 34 of Arbitration and Conciliation Act, 1996 has observed that it was deemed necessary by the legislature as well as the Courts to limit the interference by the Courts in the process of Arbitration, especially after the proceedings had been concluded. The Court also observed that unfettered intervention in …

Judiciary must step in to ensure an effective arbitration ecosystem: CJI
2 years, 1 month ago

Judiciary must step in to ensure an effective arbitration ecosystem: CJI

Hindustan Times  

The judiciary has to play an important role in ensuring an effective arbitration ecosystem by stepping in to protect the independence and impartiality of arbitral proceedings, Chief Justice of India DY Chandrachud said on Thursday, while also stressing on the need for a “gender-diverse arbitral pool” to bring experiential learning to the entire process. Not least of those interventions is …

Institutional Arbitration – Breaking The Deadlock In Small-Value Lending Disputes
2 years, 2 months ago

Institutional Arbitration – Breaking The Deadlock In Small-Value Lending Disputes

Live Law  

A commercial court in Delhi recently rejected an application to enforce an arbitral award due to unilateral appointment of the sole arbitrator in the dispute. It would be expedient for lenders to incorporate an appropriate institutional arbitration clause in the loan agreements; however, the challenge arises in legacy agreements containing unilateral appointment clauses. Interestingly, the commercial court of Delhi also …

Arbitration Cases Weekly Round-Up: 23 To 29 October, 2022
2 years, 4 months ago

Arbitration Cases Weekly Round-Up: 23 To 29 October, 2022

Live Law  

Bombay High Court: Execution Of Agreement, In Bid Document As Condition Precedent; Failure To Execute, Not A Concluded Contract: Bombay High Court Case Title: Kalpataru Limited versus Middle Class Friends Co-operative Housing Society Limited The Bombay High Court has ruled that where reference to a future contract is made in the tender documents and in the Letter of Intent issued …

CJI Ramana Calls For Balance In Geography Of International Arbitration Between Developed & Developing Countries
2 years, 9 months ago

CJI Ramana Calls For Balance In Geography Of International Arbitration Between Developed & Developing Countries

Live Law  

On Tuesday, in his inaugural address delivered at the Annual Meet of Indo-German Chamber of Commerce on "Arbitration in a Globalised World - The Indian Experience" at Dortmund, Germany, the Chief Justice of India, N.V. Ramana highlighted the significance of balancing the geography of international arbitration, which is at present concentrated around places like Singapore, London, Paris and Stockholm - …

Support of Centre key for arbitration success: Justice Ravindra Bhat
2 years, 10 months ago

Support of Centre key for arbitration success: Justice Ravindra Bhat

Hindustan Times  

The central government’s support for arbitration to become successful in India is imperative, said Supreme Court judge Ravindra Bhat while speaking at a conference titled ‘International Arbitration: An Indian Perspective’, organised by Services Export Promotion Council. Justice Ravindra Bhat also said that Indian arbitration needs to incorporate the new tools and techniques including “hot-tubbing”, introduced by Australia Giving reasons for …

'Indian Courts Are Known For Their Pro-Arbitration Stance' : CJI NV Ramana At International Conference In Dubai
3 years ago

'Indian Courts Are Known For Their Pro-Arbitration Stance' : CJI NV Ramana At International Conference In Dubai

Live Law  

Speaking at the fourth edition of the International Conference on 'Arbitration in the Era of Globalisation' in Dubai, the Chief Justice of India, N.V. Ramana pointed out the importance of developing an acceptable and fair dispute mechanism system for the globalised world. Arbitration is the best suited dispute resolution mechanism for the globalised world. He pointed out the importance of …

Judicial Review Of Arbitration: How Far Can The Constitutional Courts Go?
3 years ago

Judicial Review Of Arbitration: How Far Can The Constitutional Courts Go?

Live Law  

The hydra headed Amazon—Future—Reliance dispute also throws up important questions concerning the role of judicial review in arbitration. So, a provision like Section 5 of the Arbitration and Conciliation Act, 1996 that restricts intervention of any judicial authority except as provided under the A&C Act does affect the High Court's jurisdiction to intervene. In Deep Industries Limited v. ONGC Limited …

Important Supreme Court Judgments On Arbitration Passed Recently
3 years, 10 months ago

Important Supreme Court Judgments On Arbitration Passed Recently

Live Law  

The Supreme Court of India has pronounced numerous judgments in the matters related to the Arbitration and Conciliation Act, 1996, from January, 2021 to May, 2021. Gavai and Hrishikesh Roy held that the object of speedy disposal sought to be achieved under the Arbitration Act and the Commercial Courts Act, for appeals filed under section 37 of the Arbitration Act …

Arbitration Court Reckoner : January 2021
4 years, 1 month ago

Arbitration Court Reckoner : January 2021

Live Law  

By way of the present column, an attempt is made to briefly review the salutary judgments pronounced by the Courts in the month of January 2021 under the Arbitration & Conciliation Act, 1996. Merely because the Section 9 proceedings entails disputed facts does not lead to dismissal of a Section 9 application/petition In Luxe Passion Private Limited v Freedom Roost, …

Arbitration Court Reckoner : November & December 2020
4 years, 2 months ago

Arbitration Court Reckoner : November & December 2020

Live Law  

Section 2 & Section 2 Concept of emergency arbitration is not outside the scope or contrary to Part-1 of the Act In Future Retail Ltd. v Amazon.com Investment Holdings LLC & Ors., High Court of Delhi was dealing with a case where the international commercial arbitration was seated in India but was to be conducted in accordance with SIAC Rules …

Arbitration Court Reckoner: September 2020
4 years, 5 months ago

Arbitration Court Reckoner: September 2020

Live Law  

By way of the present column, an attempt is made to briefly review the salutary judgments pronounced by the Courts in the month of September 2020 under the Arbitration & Conciliation Act, 1996. Chaitanya Construction Company v Delhi Jal Board High Court of Delhi took note of the fact that S. 7 of the Act itself provides that the arbitration …

Arbitration Court Reckoner : August 2020
4 years, 6 months ago

Arbitration Court Reckoner : August 2020

Live Law  

By way of the present column, an attempt is made to briefly review the salutary judgments pronounced by the Courts in the month of August 2020 under the Arbitration & Conciliation Act, 1996. Test of Emergent Necessity for grant of relief under S. 9 In Avantha Holdings Ltd. v Vistra ITC India Ltd. High Court of Delhi held that the …

'Arbitration Is Not Meant To Mirror Litigation' : CJI Bobde
5 years, 1 month ago

'Arbitration Is Not Meant To Mirror Litigation' : CJI Bobde

Live Law  

Arbitration is not meant to mirror litigation, said Chief Justice of India S A Bobde on Saturday.While speaking at the 3rd International Conference organized by Indian Council of Arbitration and Federation of Indian Chambers of Commerce and Industry at New Delhi, the CJI said :"Arbitration is not meant to mirror litigation. Arbitration is not meant to mirror litigation, said Chief …

Why Is Arbitration Not Working In India?
5 years, 5 months ago

Why Is Arbitration Not Working In India?

Live Law  

Arbitration has been the toast of the legal community for a long time. Cost of arbitration proceeding typically includes the arbitrator's fee, the rent for the arbitration venue, some basic clerical expenses and professional fees for the representatives of parties involved, including lawyers and expert witnesses. On top of this, many parties, especially government bodies, try to draft one sided …

'India Cannot Become Hub Of Arbitration If You Go On Like This' : Justice Nariman Tells Centre On Sec 87 Of Arbitration Act
5 years, 5 months ago

'India Cannot Become Hub Of Arbitration If You Go On Like This' : Justice Nariman Tells Centre On Sec 87 Of Arbitration Act

Live Law  

While hearing a petition challenging constitutionality of Section 87 inserted in the Arbitration and Conciliation Act by the 2019 amendment, Supreme Court judge Justice R F Nariman expressed his criticism about the provision. "You have put the clock back", the judge told Solicitor General Tushar Mehta about the Section which nullified the effect of 2018 SC judgment deciding the prospective …

Lok Sabha passes bill to set up International Arbitration centre
5 years, 8 months ago

Lok Sabha passes bill to set up International Arbitration centre

India TV News  

The Lok Sabha on Wednesday passed a Bill for establishing an International Arbitration Centre here to create an independent and autonomous regime for institutionalized arbitration. Moving the New Delhi International Arbitration Centre Bill, 2019, aiming to set up an autonomous and independent institution for better management of arbitration in the country, for passage, Union Law and Justice Minister Ravi Shankar …

Cabinet approves New Delhi International Arbitration Centre Bill
5 years, 8 months ago

Cabinet approves New Delhi International Arbitration Centre Bill

Live Mint  

The Union Cabinet on Wednesday cleared the New Delhi International Arbitration Centre Bill, 2019, which seeks to replace an ordinance promulgated in March this year. The bill was moved in the Lok Sabha by Union Law Minister Ravi Shankar Prasad and it provides for the establishment of the NDIAC to conduct arbitration, mediation and conciliation proceedings. A person familiar with …

Cabinet approves International Arbitration Centre Bill
5 years, 9 months ago

Cabinet approves International Arbitration Centre Bill

The Quint  

New Delhi, June 12 The Cabinet has approved the New Delhi International Arbitration Centre Bill, 2019, with a view to promoting ease of doing businessa in India. "The Bill provides for setting up an independent an autonomous body for institutional arbitration and to acquire and transfer the undertakings of International Centre for Alternative Dispute Resolution to New Delhi International Arbitration …

Delhi HC Vacates Its Stay On Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]
5 years, 10 months ago

Delhi HC Vacates Its Stay On Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]

Live Law  

The Delhi High Court has vacated its order that stayed the appointment of Dr. Rajiv Mani, Joint Secretary & Legal Advisor, Department of Legal Affairs, Ministry of Law & Justice as the custodian of the undertakings of the International Centre for Alternative Dispute Resolution. The bench comprising the Chief Justice Rajendra Menon and Justice V Kameswar Rao vacated the order …

Delhi HC Stays Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]
6 years ago

Delhi HC Stays Appointment Of Custodian Of The Undertakings Of New Delhi International Arbitration Centre [Read Order]

Live Law  

The Delhi High Court has stayed the order appointing Dr. Rajiv Mani, Joint Secretary & Legal Advisor, Department of Legal Affairs, Ministry of Law & Justice as the custodian of the undertakings of the International Centre for Alternative Dispute Resolution. The bench comprising the Chief Justice Rajendra Menon and Justice V Kameswar Rao issued this order in a petition challenging …

ICADR Challenges New Delhi International Arbitration Centre Ordinance; Delhi HC Seeks Govt Response [Read Petition]
6 years ago

ICADR Challenges New Delhi International Arbitration Centre Ordinance; Delhi HC Seeks Govt Response [Read Petition]

Live Law  

The Delhi High Court today sought the response of the Central Government in a petition challenging the New Delhi International Arbitration Centre Ordinance 2019, which has resulted in the take over of the International Centre for Alternative Dispute Resolution set up in the year 1995.The Ordinance was promulgated on March 2 stating the reason that ICADR has not been able …

Ordinance To Set Up International Arbitration Centre At New Delhi Promulgated
6 years ago

Ordinance To Set Up International Arbitration Centre At New Delhi Promulgated

Live Law  

The President Ram Nath Kovid yesterday promulgated the New Delhi International Arbitration Centre Ordinance 2019.It proposes to establish an international arbitration centre at New Delhi, replacing the International Centre for Alternative Dispute Resolution set-up in the year 1995, which is a society registered under the Societies Registration Act. The President Ram Nath Kovid yesterday promulgated the New Delhi International Arbitration …

Lok Sabha Passes Bill To Set Up International Arbitration Centre At New Delhi [Read Bill]
6 years, 2 months ago

Lok Sabha Passes Bill To Set Up International Arbitration Centre At New Delhi [Read Bill]

Live Law  

The Lok Sabha on Friday passed the New Delhi International Arbitration Centre Bill 2018.It proposes to establish an international arbitration centre at New Delhi, replacing the International Centre for Alternative Dispute Resolution set-up in the year 1995, which is a society registered under the Societies Registration Act.The proposed New Delhi International Arbitration Centre will be. The Lok Sabha on Friday …

SC Larger Bench To Decide Basis And Principle To Decide the Place Of ‘Seat’ of Arbitration [Read Judgment]
6 years, 10 months ago

SC Larger Bench To Decide Basis And Principle To Decide the Place Of ‘Seat’ of Arbitration [Read Judgment]

Live Law  

The Supreme Court, in Union of India vs. Hardy Exploration and Production, has referred the question as to when the arbitration agreement specifies the “venue” for holding the arbitration sittings by the arbitrators but does not specify the “seat”, then on what basis and by which principle, the parties have to decide the place of “seat” which has a material …

NLSIU International Seminar Series-2 on ‘Enforcement Trends of Arbitral Awards: A Comparative Perspective’
6 years, 11 months ago

NLSIU International Seminar Series-2 on ‘Enforcement Trends of Arbitral Awards: A Comparative Perspective’

Live Law  

National Law School of India University, Bengaluru, is organizing Seminar Series-2 on ‘Enforcement Trends of Arbitral Awards: A Comparative Perspective’ July 27th and 28th 2018. About the seminar: The Two Day International Seminar on Enforcement Trends of Arbitral Awards intends to look at these matters from an analytical lens and understand the practical implications of such legal developments in the …

CJI Dipak Misra Bats For Institutional Arbitration To Resolve Commercial Disputes
7 years, 3 months ago

CJI Dipak Misra Bats For Institutional Arbitration To Resolve Commercial Disputes

Live Law  

Chief Justice of India Dipak Misra has favoured institutional arbitration to resolve commercial disputes rather than ad hoc arbitration in the country and clarified that the court interferes less into the arbitration and believes in the maximum realisation of award passed by the arbitrator.Advocating for an alternative disputes resolution mechanism and cost-effective arbitration system. Chief Justice of India Dipak Misra …

CJI Dipak Misra Bats For Institutional Arbitration To Resolve Commercial Disputes
7 years, 3 months ago

CJI Dipak Misra Bats For Institutional Arbitration To Resolve Commercial Disputes

Live Law  

Chief Justice of India Dipak Misra has favoured institutional arbitration to resolve commercial disputes rather than ad hoc arbitration in the country and clarified that the court interferes less into the arbitration and believes in the maximum realisation of award passed by the arbitrator.Advocating for an alternative disputes resolution mechanism and cost-effective arbitration system. Chief Justice of India Dipak Misra …

CARDS' Tour De Arbitration [13th To 17th Dec, Singapore]
7 years, 4 months ago

CARDS' Tour De Arbitration [13th To 17th Dec, Singapore]

Live Law  

The Centre for Advanced Research in Dispute Settlement and DS National Law University, India, invites applications to the second CARDS' Tour de Arbitration in Singapore from December 13 to 17. 16 th December: Clyde & Co. office December: Clyde & Co. office 17th December: Clifford Chance office About CARDS’ First Tour de Arbitration in London CARDS is a student-run institution …

India’s Reputation As ‘Arbitration-Unfriendly’ Jurisdiction: Panel Blames Interventionist Courts, Lack Of Govt Support [Read Report]
7 years, 7 months ago

India’s Reputation As ‘Arbitration-Unfriendly’ Jurisdiction: Panel Blames Interventionist Courts, Lack Of Govt Support [Read Report]

Live Law  

A high-level committee set up by the Centre to review institutionalisation of arbitration mechanism has found that judicial intervention and failure of the government and its agencies to use institutional arbitration has, among others, led to India’s reputation as an “arbitration-unfriendly” jurisdiction.The HLC, in its report, has suggested various reforms for promoting arbitration as. Despite the existence of numerous arbitral …

India’s Reputation As ‘Arbitration-Unfriendly’ Jurisdiction: Panel Blames Interventionist Courts, Lack Of Govt Support [Read Report]
7 years, 7 months ago

India’s Reputation As ‘Arbitration-Unfriendly’ Jurisdiction: Panel Blames Interventionist Courts, Lack Of Govt Support [Read Report]

Live Law  

A high-level committee set up by the Centre to review institutionalisation of arbitration mechanism has found that judicial intervention and failure of the government and its agencies to use institutional arbitration has, among others, led to India’s reputation as an “arbitration-unfriendly” jurisdiction.The HLC, in its report, has suggested various reforms for promoting arbitration as. Despite the existence of numerous arbitral …

Justice Srikrishna Committee Submits Suggestions To Centre On Institutional Arbitration
7 years, 7 months ago

Justice Srikrishna Committee Submits Suggestions To Centre On Institutional Arbitration

Live Law  

A committee headed by former Supreme Court Judge Justice B N Srikrishna has submitted the recommendations to Union law ministry on the issue of how to promote the institutional arbitration domestic as well as international.The Narendra Modi government is committed for speedy resolution of commercial disputes and to make India an international hub of arbitration.Union Law Minister Ravi. A committee …

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