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 such as Appellate Arbitral Tribunals, formal recognition of emergency arbitration, and stricter timelines, the bill seeks to establish India as an arbitration hub.

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History of this topic

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

Supreme Court Critiques Judicial Overreach in Arbitration
2 months, 1 week ago

Supreme Court Critiques Judicial Overreach in Arbitration

Deccan Chronicle  

The Supreme Court of India has delivered a significant critique of the judiciary's expanding role in arbitration, highlighting how “overbearing intellectualisation” by courts has become a major issue, undermining the efficacy of Indian arbitration. The Court raised concerns about how a strict interpretation of the legal provisions governing arbitration had been hindering the right of parties to challenge arbitral awards. …

Arbitration Cases Annual Digest 2024
2 months, 3 weeks ago

Arbitration Cases Annual Digest 2024

Live Law  

Supreme Court Supreme Court Issues Notice On Plea Challenging Validity Of Section 3G Of National Highways Act Case Title: B.D. High Court Not Having Original Civil Jurisdiction Cannot Extend Time To Pass Arbitral Award As Per S.29A Arbitration Act : Supreme Court Case Title: CHIEF ENGINEER PWD VERSUS M/S BSC & C and C JV Citation : 2024 LiveLaw 425 …

Law ministry to discuss SC rulings for Arbitration Act amendment as costs issue persists
3 months, 1 week ago

Law ministry to discuss SC rulings for Arbitration Act amendment as costs issue persists

Live Mint  

New Delhi: The Union law and justice ministry will discuss judgements by the Supreme Court to amend the Arbitration and Conciliation Act, two people aware of the matter said. For perspective, in arbitration cases of government vs private parties, the government chooses one arbitrator from a panel it creates and asks the private party to choose another arbitrator from the …

Section 29A Of Arbitration & Conciliation Act, 1996: Complications More Than Cure
3 months, 2 weeks ago

Section 29A Of Arbitration & Conciliation Act, 1996: Complications More Than Cure

Live Law  

This article is an attempt to highlight the complexities involved under Section 29A of the Arbitration & Conciliation Act, 1996. Ltd. v. General Manager & Anr., reiterated the principle that the extension of mandate under Section 29A shall be only for a “sufficient cause”. In Larsen and Toubro Ltd. v. IIC Limited and Anr., it is held by the Delhi …

[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 …

Arbitration Monthly Digest: November, 2024
3 months, 3 weeks ago

Arbitration Monthly Digest: November, 2024

Live Law  

Supreme Court Government Entity Can't Be Given Differential Treatment While Staying Operation Of Arbitral Award : Supreme Court Case Title: International Seaport Dredging Pvt Ltd Versus Kamarajar Port Limited, Case Number- Civil Appeal No 12097 of 2024 Recently, the Supreme Court disapproved of a High Court's decision to exempt a government entity from depositing other amounts in addition to the …

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 …

Arbitration Weekly Round-Up: 4th November To 10th November 2024
4 months, 2 weeks ago

Arbitration Weekly Round-Up: 4th November To 10th November 2024

Live Law  

Supreme Court Government Entity Can't Be Given Differential Treatment While Staying Operation Of Arbitral Award : Supreme Court Case Title: International Seaport Dredging Pvt Ltd Versus Kamarajar Port Limited, Case Number- Civil Appeal No 12097 of 2024 Recently, the Supreme Court disapproved of a High Court's decision to exempt a government entity from depositing other amounts in addition to the …

Union proposes to strengthen institutional arbitration framework with appellate option for disputes
5 months, 1 week ago

Union proposes to strengthen institutional arbitration framework with appellate option for disputes

Live Mint  

The Union law ministry has proposed to strengthen the process of institutional arbitration by allowing disputants to appeal arbitral awards without moving courts of law. This provision would only be available for arbitrations conducted under the aegis of arbitration institutions, as per the draft amendment to the Arbitration and Conciliation Act issued on Friday.

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, 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 …

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 …

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, …

India’s Arbitration Law Is In A ‘Chronic State Of Animated Suspension’: Fali S Nariman
1 year, 6 months ago

India’s Arbitration Law Is In A ‘Chronic State Of Animated Suspension’: Fali S Nariman

Live Law  

Speaking at the inaugural session of the United Nations Commission on International Trade Law South Asia Conference, 2023 Senior Advocate, Fali S Nariman, said that India’s Arbitration law is in a ‘chronic state of animated suspension’. In the event held on September 14, Nariman said that when the Arbitration and Conciliation Act, 1996 was enacted it largely conformed to the …

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 law needs to tackle a key concern
1 year, 7 months ago

Arbitration law needs to tackle a key concern

Hindustan Times  

Last month, the government set up an expert panel headed by former law secretary TK Viswanathan to suggest reforms in the 1996 Arbitration and Conciliation Act. The high court held that since ISDS owes its origin to international law, it is different from commercial arbitration. While the high court is correct in drawing a distinction between ISDS and commercial arbitration …

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: …

Clause Captioned As “Arbitration”, Doesn’t Conclusively Imply Mandatory Nature Of Arbitration: Bombay High Court
2 years ago

Clause Captioned As “Arbitration”, Doesn’t Conclusively Imply Mandatory Nature Of Arbitration: Bombay High Court

Live Law  

The Bombay High Court has ruled that the use of the word ‘can’ in the relevant clause has the effect of qualifying Arbitration as a mode of settlement, and the mere fact that a particular clause is captioned as “Arbitration”, does not conclusively imply the mandatory nature of arbitration when the option is left to the parties to settle their …

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 …

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 …

Book Launch: "Everything You Need To Know About Arbitration In India" By Tariq Khan [19th November, 2022]
2 years, 4 months ago

Book Launch: "Everything You Need To Know About Arbitration In India" By Tariq Khan [19th November, 2022]

Live Law  

The book titled "Everything you need to know about arbitration in India" published by Thomson Reuters India and authored by Tariq Khan to be released on November 19, 2022 in New Delhi. Date: 19th November, 2022 Justice Krishna Murari, Judge, Supreme Court of India has given the following message for the book: "I commend the effort made by the author …

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 …

Explained | The Mediation Bill, 2021
2 years, 5 months ago

Explained | The Mediation Bill, 2021

The Hindu  

The story so far: The Mediation Bill, 2021 was introduced in the Rajya Sabha on December 20, 2021, with the Parliamentary Standing Committee being tasked with a review of the Bill. In its report, the Committee recommends substantial changes to the Mediation Bill, aimed at institutionalising mediation and establishing the Mediation Council of India. Additionally, according to Clause 26 of …

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 …

Iuris Jura: 4 – Day Live Lecture Series On "Drafting Under Arbitration & Conciliation Act, 1996"
3 years, 7 months ago

Iuris Jura: 4 – Day Live Lecture Series On "Drafting Under Arbitration & Conciliation Act, 1996"

Live Law  

Iuris Jura started in the year 2020, aiming to create legal awareness and provides learning related to the law topics. ABOUT THE 4 – DAY LIVE LECTURE SERIES 𝙸𝚁𝙸𝚂 𝙹𝚄𝚁𝙰 takes immense pride in announcing that we are organizing a 4 Day - Live Lecture Series on "Drafting under Arbitration & Conciliation Act, 1996" ". Drafting of Applications under Section …

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 …

"New Normal"-ICC Amends The Rules For "Cleaner" And "Greener" Arbitration
4 years ago

"New Normal"-ICC Amends The Rules For "Cleaner" And "Greener" Arbitration

Live Law  

The fast-changing world, complexities in arbitration and the growing needs of arbitration community across the globe, stimulated the International Chamber of Commerce to codify certain arbitral practices and refresh its approach in the form of a new set of Rules called the ICC Arbitration Rules,2021. Proposed in December 2020 by the ICC, New Rules have come into force from January …

Centre Notifies Arbitration & Conciliation (Amendment) Act 2021
4 years ago

Centre Notifies Arbitration & Conciliation (Amendment) Act 2021

Live Law  

The Central Government has notified the Arbitration and Conciliation Act, 2021. It seeks to amend the Arbitration and Conciliation Act, 1996 so as to enable automatic stay on awards if it is prima facie satisfied that the relevant arbitration agreement or contract/ making of the award was induced by fraud or corruption and omit Schedule VIII of the Act and …

Parliament Passes Arbitration & Conciliation (Amendment) Bill, 2021 For Automatic Stay On Awards Induced By Fraud/ Corruption
4 years ago

Parliament Passes Arbitration & Conciliation (Amendment) Bill, 2021 For Automatic Stay On Awards Induced By Fraud/ Corruption

Live Law  

The Rajya Sabha on Wednesday passed the Arbitration and Conciliation Bill, 2021 by voice vote. It seeks to amend the Arbitration and Conciliation Act, 1996 so as to enable automatic stay on awards in certain cases and specify by regulations the qualifications, experience and norms for accreditation of arbitrators. #RajyaSabha passes #Arbitration & Conciliation Bill 2021 to enable automatic stay …

Arbitration Court Reckoner : January 2021
4 years 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 : 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 …

Judicial Inroads Into Arbitration: Section 34 Saga
4 years, 8 months ago

Judicial Inroads Into Arbitration: Section 34 Saga

Live Law  

The theme of "Judicial Inroads into arbitration" is replete with conundrums; one can easily get bogged down in definitions and the limits, both conceptual as well as practical. Section 34 of 1996 Act mentions certain grounds on account of which the Court can set aside the arbitral award, provided the party assailing such awards is able to prove the conditions …

Arbitration: 2019 Amendment To Section 29A Timeline Has Retrospective Effect From 23 October 2015, Holds Delhi HC [Read Judgment]
4 years, 8 months ago

Arbitration: 2019 Amendment To Section 29A Timeline Has Retrospective Effect From 23 October 2015, Holds Delhi HC [Read Judgment]

Live Law  

Infusing clarity on the applicability of the amended Section 29A of the Arbitration and Conciliation Act, 1996,, the Single Judge of the Delhi High Court in the case of ONGC PETRO ADDITIONS LIMITED vs. FERNS CONSTRUCTION CO. INC, pronounced on 21 July 2020, has found that the amendments to Section 29A in 2019, fixing the 12 month time frame from …

Call For Papers: Conference On Emerging Dynamics & Dimensions Of Arbitration Law At Amity University, Mumbai
5 years, 2 months ago

Call For Papers: Conference On Emerging Dynamics & Dimensions Of Arbitration Law At Amity University, Mumbai

Live Law  

Amity University, Amity Law School, Mumbai is organizing a National Conference on Emerging Dynamics & Dimensions of Arbitration Law on 22nd January 2020. Theme: Emerging Dynamics & Dimension of Arbitration Sub-Themes International Arbitration Tribunals in India: Future Opportunities and Challenges Arbitration Agreements: Elements and Requisites. Procedures and Consideration in the Appointment of Arbitrators Procedures adopted by Arbitral Tribunals and Grounds …

'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 …

Arbitration And Conciliation (Amendment) Act 2019 - A Primer
5 years, 6 months ago

Arbitration And Conciliation (Amendment) Act 2019 - A Primer

Live Law  

It was once famously said by Benjamin Franklin, one of the founding fathers of the United States and an outstanding polymath that, "When will mankind be convinced and agree to settle their difficulties by arbitration?". Little did he know that the Government of India would be faced with the same dilemma more than three centuries later. In an endeavour to …

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 …

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 …

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 …

Arbitration Amendment Act 2015: New Section 36 Apply Even To pending Section 34 Applications On The Date Of Commencement Of The Amendment Act [Read Judgment]
7 years ago

Arbitration Amendment Act 2015: New Section 36 Apply Even To pending Section 34 Applications On The Date Of Commencement Of The Amendment Act [Read Judgment]

Live Law  

“Since it is clear that execution of a decree pertains to the realm of procedure, and that there is no substantive vested right in a judgment debtor to resist execution, Section 36, as substituted, would apply even to pending Section 34 applications on the date of commencement of the Amendment Act”, said the Bench.A Supreme Court bench of Justice R.F. …

Arbitration Amendment Act 2015: New Section 36 Apply Even To pending Section 34 Applications On The Date Of Commencement Of The Amendment Act [Read Judgment]
7 years ago

Arbitration Amendment Act 2015: New Section 36 Apply Even To pending Section 34 Applications On The Date Of Commencement Of The Amendment Act [Read Judgment]

Live Law  

“Since it is clear that execution of a decree pertains to the realm of procedure, and that there is no substantive vested right in a judgment debtor to resist execution, Section 36, as substituted, would apply even to pending Section 34 applications on the date of commencement of the Amendment Act”, said the Bench.A Supreme Court bench of Justice R.F. …

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 …

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