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ARBITRATION AND CONCILIATION ACT
CJI Surya Kant bats for mediation, says arbitration facing procedural hurdlesChief Justice of India Surya Kant highlighted mediation's importance at the Supreme Court of the United Kingdom. He stated that internation...
For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residentsThe Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting th...
RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basinReliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the ...
Limitation law would apply on arbitration proceedings under MSMED Act: Supreme CourtThe Supreme Court has clarified the Limitation Act's role in MSMED Act disputes. The ruling states that the Limitation Act applies to arbit...
SC asks Ministry of Law and Justice to take a serious look at the arbitration regime prevailing in IndiaThe Supreme Court has urged the Law Ministry to revise India's arbitration laws while considering the 2024 Bill, expressing concern over pe...
Courts can modify arbitral awards, Supreme Court holds in majority verdictIn a significant 4:1 decision, the Supreme Court has ruled that courts possess the authority to modify arbitral awards under the 1996 Arbit...
View: Stitches to glitches in Arbitration ActWith mounting pressure on the Courts and mushrooming of arbitration related cases, specialized arbitration tribunals like NCLT, NCDRC or NG...
Centre sets up panel led by former Law Secy T K Vishwanathan to recommend reforms in arbitration lawIndia's government has established a panel to evaluate the operation of the country's arbitration ecosystem, including an examination of th...
The future of arbitration in India: Strengthening the process of alternative dispute resolutionThe Arbitration and Conciliation Act 1996 has been modelled on lines of the UNCITRAL framework of laws with the idea to modernize Indian ar...
Foreign practitioners allowed in India-seated arbitrationsIndia has amended the Arbitration and Conciliation Act to permit foreign practitioners in India-seated arbitrations, and enable uncondition...
Government issues ordinance to amend arbitration lawThe ordinance which further amends the Arbitration and Conciliation Act, 1996 also does away with the 8th Schedule of the Act which contain...
Government constitutes expert panel to resolve oil, gas disputesThe 'Committee of External Eminent Persons/Experts' for dispute resolution will comprise former oil secretary G C Chaturvedi, Oil India Ltd...
How a Supreme Court ruling may ease logjam in arbitration casesThe apex court has suggested that the government consider the object of the Arbitration and Conciliation Act and the effect of the 2015 ame...
Bills on commercial courts, arbitration passed by ParliamentUnder the amendments to the Arbitration and Conciliation Act, 1996, an arbitrator will have to settle a case within 18 months.
Government set to bring amendments to arbitration bill in Lok SabhaUnder the proposed amendments to the Arbitration and Conciliation Act, 1996, an arbitrator will have to settle a case within 18 months.
Arbitration law: Government not to go for stringent timelineLaw Ministry is learnt to have eased the stringent timeline for the settling of commercial disputes proposed in the amendments to the arbit...
Union Cabinet defers decision on Arbitration Act amendmentWhile no official reason was given, a senior minister said that the bill could be taken up in the Cabinet meeting next week, with a changed...
Vodafone to start tax pre-conciliation talks with govt: Analjit SinghWhile Vodafone has indicated its preference for conciliation under UNCITRAL, India has proposed settlement under the Indian Arbitration and...
Vodafone tax row: Talks to be 'non-binding' and 'non-formal conciliation process under common law'The process would be more open-ended and flexible and would be based on broadly-accepted judicial principles on international taxation.
Cabinet okays peace talks with Vodafone under Indian laws to break deadlock over Rs 20,000 crore tax disputeThe outcome of the conciliation process, for which no time frame has been set, will not be binding and will be under the Indian Arbitration...