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ARBITRATION PROCEEDINGS UPDATE
IPO-bound Meesho in spat with AWS over Rs 127 crore in unpaid cloud billsEcommerce platform Meesho is facing an arbitration case with Amazon Web Services (AWS) over alleged non-payment of Rs 127.45 crore in invoi...- JioStar ups damage claim to over $1 billion in ICC rights arbitration with ZeeJioStar India, formerly Star India, now seeks over $1 billion from Zee Entertainment. This dispute arises from a terminated ICC broadcast r...
- SC appoints former CJI UU Lalit as sole arbitrator in Tata-Siva Industries disputeThe Supreme Court has appointed former Chief Justice UU Lalit as the sole arbitrator to resolve the arbitration between Tata Sons and Siva ...
- Litigation funding startups eyeing arbitration and insolvency resolution casesA total of 7,567 companies across sectors were brought into administration until March end, according to the latest data from the Insolvenc...
- Canadian airline WestJet cancels at least 150 flights following a surprise strike by mechanics unionThe strike came after the federal government issued a ministerial order for binding arbitration on Thursday. That followed two weeks of tur...
- Go First doing everything possible in current situation with utmost care for employees: CEO tells staffGo First chief Kaushik Khona has told employees that the airline has been crippled by recurring Pratt & Whitney engine troubles and assured...
- Kiren Rijiju says Indian courts have adopted arbitration friendly approach; refers to Amazon-Future case"Recently, the Supreme Court of India paved the way for enforcement of emergency arbitral awards in India seated arbitrations in the Amazon...
- FRL rejects Amazon's opposition over shareholders' meeting on sale of assets; says in compliance with NCLT orderEarlier this week, e-commerce major Amazon, which is contesting the Rs 24,713 crore deal, had said the meetings were "illegal".
- Cairn says completed all steps of retro tax repeal law, entitled to Rs 7,900 cr tax refundThe company on November 26, 2021, initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an internatio...
- Future Retail Q1 loss widens to Rs 1,147 croreFuture Retail Ltd (FRL) on Saturday reported widening of its consolidated net loss at Rs 1,147.28 crore for June quarter 2021-22, impacted ...
- India's appeal against Vodafone arbitration award in senior court, hearing in SeptemberAn international arbitration court had on September 25 last year rejected tax authorities' demand for Rs 22,100 crore in back taxes and pen...
- SIAC arbitration order against Rs 24K crore RIL deal not 'enforceable, binding': Future RetailLast Sunday, the SIAC passing an interim award in favour of Amazon had asked the Future group to put the deal on hold and said that the dea...
- Rakesh Gangwal has a history of being uncooperative: IndiGo co-founder Rahul BhatiaRahul Bhatia makes claim in fresh plea in US court to get documents from partner Gangwal.
- ONGC unit wins arbitration against Daelim Industrial CompanyDaelim first resisted the arbitration proceedings on the ground that the arbitral tribunal had no jurisdiction and there was no concluded c...
- Cairn says final drafting of arbitration award against retro tax in processIn an operational update, Cairn said it is seeking monetary compensation of USD 1.4 billion from the Indian government in the arbitration p...
- Final arbitration hearings on India tax demand in August: CairnIn an operational update, Cairn said the three-member international arbitration tribunal has indicated that it will expeditiously draft the...
- Cairn adds another $249 mn to compensation claim from IndiaTo recover this, the tax department "seized" USD 104.7 million of dividend income due to it from Vedanta Ltd, where it holds about 5 per ce...
- McDonald's likely to challenge NCLT order on Vikram BakshiWith no signs of resolution of the conflict between the company and its JV partner in sight, 43 outlets of the fast food chain in the Capit...
- Oilmin sets riders for Vedanta’s Cairn India venture acquisitionThe measures are among a slew of conditions proposed by oil ministry officials for an in-principle approval of the controversial deal.
- A shot in the arm for dispute resolutionsIntroduction of an arbitration process within the mutual agreement procedures framework will help in early resolution of cross-border dispu...
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