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 the developments said that the bill provides for setting up of an autonomous body for institutional arbitration which will grade arbitral institutions and accredit arbitrators by laying down norms and take steps as may be necessary to encourage arbitration, mediation, conciliation and other alternative dispute resolution mechanisms. The salient features of the bill are speedy appointment of arbitrators through designated arbitral tribunals, set up by the Supreme Court and high courts, without having to reach court in any matter.

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History of this topic

The Draft Arbitration And Conciliation Amendment Bill, 2024: A Step Towards Reforming India's Arbitration Framework?
1 month, 3 weeks ago

The Draft Arbitration And Conciliation Amendment Bill, 2024: A Step Towards Reforming India's Arbitration Framework?

Live Law  

The Draft Arbitration and Conciliation Bill, 2024, aims to significantly transform India's arbitration landscape. In Amazon v. Future Retail, the Supreme Court held that an award by an emergency arbitrator in an arbitration seated in India is “enforceable” under Section 17. The Draft Arbitration and Conciliation Bill, 2024, is an ambitious step towards modernizing India's arbitration landscape. With key reforms …

Termination Of Mandate Of Arbitral Tribunal Results In Waste Of Time, Resources And Money, Court Allowed Petition U/S 29A (4) And (5) Of Arbitration Act: Delhi High Court
3 months ago

Termination Of Mandate Of Arbitral Tribunal Results In Waste Of Time, Resources And Money, Court Allowed Petition U/S 29A (4) And (5) Of Arbitration Act: Delhi High Court

Live Law  

The Delhi High Court Bench of Justice Jasmeet Singh has held that the parties and the Arbitral Tribunal have invested a lot of time, effort and energy in the arbitral proceedings. Brief Facts: The present petition has been filed under Section 29A and of the Arbitration and Conciliation Act, 1996 read with section 7 of the Commercial Courts Act, 2015 …

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

Objections On Capacity Of Party To Initiate Arbitration Must Be Addressed Before Tribunal, Not While Appointing Arbitrator: Delhi HC
Trending News
4 months, 1 week ago

Objections On Capacity Of Party To Initiate Arbitration Must Be Addressed Before Tribunal, Not While Appointing Arbitrator: Delhi HC

Live Law  

The Delhi High Court bench of Justice Sachin Datta has held that the objections as regards the capacity of the party to initiate arbitration is an aspect which is necessarily required to be gone into the arbitration proceedings, however, the same could not preclude the constitution of an Arbitral Tribunal. The court held that a party may raise appropriate jurisdictional/preliminary …

De-Jure Ineligibility To Act As Arbitrator U/S 12(5) Of Arbitration Act Can Be Waived Only By Express Agreement In Writing: Delhi High Court
Trending News
4 months, 2 weeks ago

De-Jure Ineligibility To Act As Arbitrator U/S 12(5) Of Arbitration Act Can Be Waived Only By Express Agreement In Writing: Delhi High Court

Live Law  

The Delhi High Court bench of Justice Sachin Datta affirmed that de jure ineligibility to act as an arbitrator can only be waived, after dispute having arisen, by the parties by an express agreement in writing under proviso to section 12 of the Arbitration Act. The court referred to the Delhi High Court judgment in Reliance Infrastructure Limited v. Madhyanchal …

Arbitration Monthly Digest: October 2024
4 months, 2 weeks ago

Arbitration Monthly Digest: October 2024

Live Law  

Supreme Court Case Title: R.P. Case Title: LAVA INTERNATIONAL LIMITED Vs MINTELLECTUALS LLP Citation: 2024 LiveLaw 1114 The Delhi High Court bench comprising Justice Prateek Jalan has held that in orders passed by the arbitral tribunal under Section 17 of the Arbitration and Conciliation Act, 1996, the court is not bound by the principles underlying Order XXXVIII and XXXIX of …

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. …

Delhi HC appoints arbitrator to deal with disputes between cricketer Yuvraj Singh, realtor
7 months, 2 weeks ago

Delhi HC appoints arbitrator to deal with disputes between cricketer Yuvraj Singh, realtor

Deccan Chronicle  

New Delhi: The Delhi High Court has appointed an arbitrator to adjudicate disputes between former Indian cricketer Yuvraj Singh and a real estate firm over alleged violation of his privacy rights in promotion of construction projects and for delaying delivery of a dwelling unit to him in the national capital. The high court said the arbitration would take place under …

Now Is The Time For Countries Like India To Promote A Culture Of Commercial Arbitration: CJI DY Chandrachud
9 months, 2 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 …

One Party Cannot Appoint 2/3rd Of The Arbitral Tribunal: Delhi High Court
1 year ago

One Party Cannot Appoint 2/3rd Of The Arbitral Tribunal: Delhi High Court

Live Law  

The High Court of Delhi has held that a panel for appointment of arbitrator cannot be restricted to mere 3 names as it would violate broad-based representation. The Court also reiterated that mere illegality of the appointment procedure would not make the entire arbitration clause invalid as the illegal portion can be severed with the remaining portion of the clause …

Even If Arbitral Award Set Aside For Non-Compliance With Section 12, Parties Can File Fresh Section 11 Application For Arbitrator Appointment: Delhi High Court
1 year ago

Even If Arbitral Award Set Aside For Non-Compliance With Section 12, Parties Can File Fresh Section 11 Application For Arbitrator Appointment: Delhi High Court

Live Law  

The Delhi High Court single bench of Justice Dinesh Kumar Sharma held that mere invalidation or unenforceability of the arbitrator appointment process does not render the entire arbitration clause void. The bench held that even if an arbitration award is set aside due to unilateral appointment and non-compliance with Section 12 of the Arbitration Act, fundamental agreement between the parties …

No Need For Notice To Invoke Fresh Arbitration Where Analogous Arbitral Proceedings Going: Delhi High Court Allows Section 11(6) Petition
1 year, 1 month ago

No Need For Notice To Invoke Fresh Arbitration Where Analogous Arbitral Proceedings Going: Delhi High Court Allows Section 11(6) Petition

Live Law  

The Delhi High Court single bench of Justice Manoj Kumar Ohri held that in cases where there are analogous arbitration proceedings related to other agreements, there is no need to invoke fresh arbitration by issuing a notice under Section 21 of the Arbitration Act. The Petitioner approached the Delhi High Court and filed a petition under Section 11 of the …

Arbitration Weekly Round Up: 26th May 2024 To 2nd June 2024
1 year, 1 month ago

Arbitration Weekly Round Up: 26th May 2024 To 2nd June 2024

Live Law  

Delhi High Court Awarding Interest Rate Is Discretion Of Arbitrator, Can't Be Claimed As Matter Of Right: Delhi High Court Case Title: M/S Space 4 Business Solution Pvt Ltd Vs The Divisional Commissioner Principal Secretary And Anr. The bench held that: “whether to grant or refuse the interest on the principle amount, is the absolute discretion of the learned Arbitrator.” …

Can Initiate Arbitral Proceedings Without Other Party's Consent Even If Arbitration Mentioned As Alternative Settlement Method: Delhi High Court
1 year, 1 month ago

Can Initiate Arbitral Proceedings Without Other Party's Consent Even If Arbitration Mentioned As Alternative Settlement Method: Delhi High Court

Live Law  

The Delhi High Court bench comprising Justice Prateek Jalan held that a dispute resolution clause providing for alternative modes of settlements, including arbitration, and containing the term “will”, doesn't require the consent of the other party for settlement of disputes through arbitration. That in case any dispute arises between the parties then the dispute will be settled by both the …

Arbitration Monthly Round-Up: November 2023
1 year, 3 months ago

Arbitration Monthly Round-Up: November 2023

Live Law  

International Judgments Hong Kong Court Refuses To Enforce A Mainland Arbitration Award For Failure Of Arbitrator To Meaningfully Engage With Arbitral Proceedings Case Title: SONG LIHUA v. LEE CHEE HON, CONSTRUCTION AND ARBITRATION PROCEEDINGS NO. Section 29A Permits The Court To Extend The Mandate Of The Arbitral Tribunal Even When The Application Is Made After The Expiry Of Time Limit …

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 …

The India International Arbitration Centre (IIAC) Releases Conduct Of Arbitration Regulations, 2023
1 year, 6 months ago

The India International Arbitration Centre (IIAC) Releases Conduct Of Arbitration Regulations, 2023

Live Law  

The India International Arbitration Centre has officially unveiled the India International Arbitration Centre Regulations, 2023, shedding light on the intricate procedures governing arbitral processes. These Regulations, which became effective on September 1, meticulously outline the procedure for initiating arbitration under the purview of IIAC, the selection of arbitrators, and the mechanisms for resolving disputes. The Regulations also encompass provisions aimed …

Arbitration Cases Weekly Round-Up: 17 July To 23 July 2023
1 year, 8 months ago

Arbitration Cases Weekly Round-Up: 17 July To 23 July 2023

Live Law  

Calcutta High Court: Party’s Right To Choose Arbitrator Cannot Be Revived Once It Is Surrendered To Court U/S 11 Arbitration Act: Calcutta High Court Case Title: Srei Equipment Finance Limited vs Seirra Infraventure Private Limited The Calcutta High Court has recently held that when a party forfeits its right to appoint an arbitrator in accordance with Section 11 of the …

Arbitration Cases Weekly Round- Up: 11 June To 17 June 2023
1 year, 9 months ago

Arbitration Cases Weekly Round- Up: 11 June To 17 June 2023

Live Law  

High Courts: Allahabad High Court: Facilitation Council Which Was The Conciliator Under MSMED Act, Can Arbitrate The Dispute; Bar Contained In S. 80 Of Arbitration Act Not Applicable: Allahabad High Court Case Title: Bata India Limited & Anr. Bombay High Court: Arbitration: Application For Amendment Of Statement Of Claims Can Be Opposed On All Available Grounds, Including Ground Of Delay: …

Central Registrar Not Divested Of Its Authority To Appoint Arbitrator Under S. 84 of MSCS Act: Delhi High Court
2 years, 1 month ago

Central Registrar Not Divested Of Its Authority To Appoint Arbitrator Under S. 84 of MSCS Act: Delhi High Court

Live Law  

The Delhi High Court has held that the Central Registrar is not divested of its authority and jurisdiction to appoint an Arbitral Tribunal in terms of Section 84 of the Multi-State Cooperative Societies Act, 2002, when a dispute pertaining to a multi-state cooperative society is sought to be referred to arbitration under Section 84 of the Act. Seeking to refer …

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 …

‘Seat’ Of Arbitration Would Be Where Facilitation Council Under MSMED Act Conducted Arbitral Proceedings Delhi High Court
2 years, 1 month ago

‘Seat’ Of Arbitration Would Be Where Facilitation Council Under MSMED Act Conducted Arbitral Proceedings Delhi High Court

Live Law  

The Delhi High Court has ruled that the ‘Seat’ of arbitration would be the place where the Facilitation Council under the Micro, Small and Medium Enterprises Development Act, 2006 has conducted the arbitral proceedings as per the provisions of Section 18 of the MSMED Act. The bench of Justice Prateek Jalan remarked that since there was no arbitration agreement between …

'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 …

Parliament Winter Session Live Updates
2 years, 3 months ago

Parliament Winter Session Live Updates

The Hindu  

Rajya Sabha passed the Constitution Orders Bill, 2022 on Wednesday. Later, Law Minister Kiren Rijuju moved the New Delhi International Arbitration Centre Bill, 2022 for consideration in the Rajya Sabha, and it was passed just before the house adjourned for the day. Rajya Sabha | 6.00 p.m. New Delhi International Arbitration Centre bill passed The New Delhi International Arbitration Centre …

ICA: Two And Half Day Training Course On Domestic & International Commercial Arbitration [18 - 20 November, 2022]
2 years, 4 months ago

ICA: Two And Half Day Training Course On Domestic & International Commercial Arbitration [18 - 20 November, 2022]

Live Law  

Indian Council Of arbitration is organizing Two And Half Day Training Course On Domestic & International Commercial Arbitration from 18th to 20th November, 2022 CONCEPT: A range of topical issues viz. Introduction to the fundamentals of ADR; arbitration agreement; arbitral tribunal; arbitration proceedings; arbitral award; practical problems/issues relating to claims, defence statements, and counterclaims will be discussed at the Training …

Constitution (SC and ST) Orders (Second Amendment) Bill, 2022 and New Delhi International Arbitration Centre (Amendment) Bill, 2022 listed in RS for passage
2 years, 4 months ago

Constitution (SC and ST) Orders (Second Amendment) Bill, 2022 and New Delhi International Arbitration Centre (Amendment) Bill, 2022 listed in RS for passage

ANI News  

Delhi, December 13 : The BJP led Central government has listed the 'Constitution Orders Bill, 2022' and the 'New Delhi International Arbitration Centre Bill, 2022' for the legislative business in the Rajya Sabha on Tuesday for consideration and passage. Union Law Minister Kiren Rijiju is expected to move the New Delhi International Arbitration Centre Bill, 2022, which was introduced in …

Mere Use Of Word 'Arbitration' In Agreement Clause Heading Would Not Infer Existence Of Agreement Between Parties To Resolve Disputes Through Arbitration: Delhi HC
3 years ago

Mere Use Of Word 'Arbitration' In Agreement Clause Heading Would Not Infer Existence Of Agreement Between Parties To Resolve Disputes Through Arbitration: Delhi HC

Live Law  

The Delhi High Court has observed that the mere use of word 'Arbitration' in the heading in the Clause of Agreement would not lead to the inference that there exists an agreement between such parties seeking resolution of disputes through arbitration.Justice Mukta Gupta referred to a 2014 decision of the Delhi High Court in Avant Garde Clean Room & Engg. …

Seat Of Arbitration Is Decided As Per Arbitration Agreement, Rules To Be Applied Only After Commencement Of Arbitration: Delhi High Court
3 years, 6 months ago

Seat Of Arbitration Is Decided As Per Arbitration Agreement, Rules To Be Applied Only After Commencement Of Arbitration: Delhi High Court

Live Law  

The Delhi High Court has observed that the seat of arbitration is to be decided according to the arbitration agreement between the parties and that the Rules of Arbitration of the International Centre for Alternative Dispute Resolution shall come into play only after the arbitration commences before appropriate jurisdiction.In other words, the seat of arbitration, in cases where parties. The …

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 …

Madhya Pradesh HC Unveils "MP Domestic & International Arbitration Centre" [Read Press Note]
4 years, 8 months ago

Madhya Pradesh HC Unveils "MP Domestic & International Arbitration Centre" [Read Press Note]

Live Law  

The Madhya Pradesh High Court recently inaugurated the "Madhya Pradesh Domestic & International Arbitration Centre", for providing speedy and timely justice and to enhance the ease of doing business. Its building is annexed to the main High Court building and its functioning will be governed by the Madhya Pradesh Arbitration Centre Rules, 2019, as notified in the Gazette Notification dated …

Centre Issues Draft Rules For New Delhi International Arbitration Centre
5 years, 1 month ago

Centre Issues Draft Rules For New Delhi International Arbitration Centre

Live Law  

The central government on Wednesday issued draft rules for establishment of the New Delhi International Arbitration Centre. On March 2, 2019, the NDIAC Act, 2019 was enacted to make New Delhi a hub for institutionalised arbitration and to declare the New Delhi International Arbitration Centre to be an institution of national importance. Following are the draft rules: The New Delhi …

'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 …

Amendment In Arbitration Act Will Not Lead To Reconstituting The Pre-existing Tribunals: Delhi HC [Read Judgment]
5 years, 6 months ago

Amendment In Arbitration Act Will Not Lead To Reconstituting The Pre-existing Tribunals: Delhi HC [Read Judgment]

Live Law  

Delhi High Court has held that there's no need to reconstitute Arbitral Tribunals existing since prior to 2015 just because the Amendment Act was brought in the same year. In the present case, the Petitioners had asked the court to issue directions to the Respondents to constitute a new arbitral tribunal and conduct the arbitration as per the Arbitration and …

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 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 …

Delhi HC Issues Notice To Agusta Westland On Govt's Plea To Stop Arbitration Proceedings With It [Read Order]
6 years, 2 months ago

Delhi HC Issues Notice To Agusta Westland On Govt's Plea To Stop Arbitration Proceedings With It [Read Order]

Live Law  

The Delhi High Court Wednesday agreed to examine a plea by the Union government seeking to restrain Anglo-Italian firm AgustaWestland from continuing with the arbitration process initiated by it in the wake of scrapping of contracts for supply of 12 VVIP choppers to the Indian Air Force. The court, however, said that Section 29A of the Act does not apply …

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 …

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?
6 years, 7 months ago

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?

Live Law  

In the wake of “internationalisation” which is the present Indian agenda there have been several legal reforms that have been/ are being undertaken and looked closely by the present lawmakers and its enforcers.Today, the agenda of increasing foreign direct investment through liberalisation of existing norms and regulated sanctions is taking precedence and many remedial measures,. Today, the agenda of increasing …

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?
6 years, 7 months ago

Gearing For Another Reform In Arbitration: A Tester Or Change-Maker?

Live Law  

In the wake of “internationalisation” which is the present Indian agenda there have been several legal reforms that have been/ are being undertaken and looked closely by the present lawmakers and its enforcers.Today, the agenda of increasing foreign direct investment through liberalisation of existing norms and regulated sanctions is taking precedence and many remedial measures,. Today, the agenda of increasing …

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features
7 years ago

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features

Live Law  

The Union Cabinet chaired by Prime Minister Shri Narendra Modi on Wednesday approved the Arbitration and Conciliation Bill, 2018 for introduction in the Parliament.The Amendment is intended to facilitate achieving the goal of improving institutional arbitration by establishing an independent body to lay down standards, make arbitration process more party friendly, cost-effective. However, to give a boost to institutional, arbitration …

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features
7 years ago

Cabinet Approves The Arbitration And Conciliation (Amendment) Bill, 2018, Read The Salient Features

Live Law  

The Union Cabinet chaired by Prime Minister Shri Narendra Modi on Wednesday approved the Arbitration and Conciliation Bill, 2018 for introduction in the Parliament.The Amendment is intended to facilitate achieving the goal of improving institutional arbitration by establishing an independent body to lay down standards, make arbitration process more party friendly, cost-effective. However, to give a boost to institutional, arbitration …

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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