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OVERSEAS ARBITRATION OPTION
Foreign oil firms may get overseas arbitration optionIndia's oil ministry is framing new exploration rules. Future contracts will require Indian oil firms to resolve disputes in India through ...- ONGC Videsh wins $190 million arbitral awards against SudanFollowing the arbitration awards, OVL has sent demand notices to the Sudanese government seeking payments, the people cited above said, add...
- Madras high court dismisses Volleyball Federation’s stay application against arbitration award to BaselineThe court had asked the federation to deposit Rs 2 crore before pronouncing any interim stay on its challenge of the arbitration award of N...
- Cairn mulls ways to monetise arbitration awardAn arbitration tribunal ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute in December and ordered the Indian gove...
- $1.4bn arbitration award: Cairn says hopeful of solution, will take steps to protect shareholder interestIn December, an arbitration body awarded the British firm damages of $1.2 billion plus interest and costs, after ruling India had breached ...
- ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn awardIn 2019, ConocoPhillips had moved US courts to seize Venezuelan state oil company PDVSA's assets to collect USD 2 billion compensation it h...
- Queue of startups rushing to register abroad gets longerSingapore, US, UK and UAE are preferred due to stable regulations, subsidised tax rates and investor interest.
- ONGC, its partners likely to exit oil blocks in SudanState-run co along with JV partners China, Malaysia upset as oil dues from Sudan rise to $500 million.
- NSE, SGX resume discussions on potential collaboration in GIFT CityThe discussions could be related to getting liquidity from offshore markets to the GIFT City.
- SGX Nifty trade extended beyond August, says SGXSGX has been directed to refrain from offering new India equity derivatives products.
- Bombay High Court to hear NSE-SGX dispute on May 31On May 21, the NSE filed a petition before the Bombay High Court against SGX seeking urgent interim relief.
- Tata, Docomo agree to settle $1.17-billion payment disputeThe Reserve Bank’s lawyer said he would need to review the petition by the two parties before proceeding to argue either way.
- Watching RBI stance in Tata dispute, a test for foreign investment in India, says DocomoThe Tatas have previously said that they intend to comply with the arbitral award but subject to Indian laws.
- Tata moves HC against Docomo's award; says intends to meet payment obligations but can't go against Indian lawsThe fact that Tata has raised objections to the enforcement of the LCIA award directly contradicts its statements of intent to meet its pay...
- Delhi High Court verdict on Tata-Docomo dispute will set a precedentDelhi High Court hearing on whether to uphold international arbitration’s award to NTT Docomo has potential to influence cases that arose o...
- Tatas seek two weeks for replying to attachment order in Docomo caseLawyers have said courts in the US may also uphold the arbitration award and sources aware of DoCoMo’s thinking in the past have said the J...
- Tata Group officials to meet NTT Docomo brass to end deadlock in arbitration disputeThe meeting is scheduled for this week and may even have taken place in Mumbai. The agenda is to discuss options for Tata to pay NTT Docomo.
- India-UAE BIPPA: Government builds safeguards to protect itselfThe treaty with UAE will be renegotiated in 2016, by which time India would have introduced the new draft in all its investment agreements.
- Government revives Rs 14,000 crore tax demand on Vodafone; company may go for arbitrationThe move, coming at a time the government is hardpressed for revenues, could start yet another battle between tax authorities and Vodafone.
- Investment protection clause: India can't do a Maldives without paying a priceRecent disputes & clash between foreign telecom firms Telenor, Sistema and Vodafone and Indian government, have exposed India's vulnerable ...
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