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ENFORCEMENT OF ARBITRAL AWARDS
Banks want arbitration restored for infra disputes above ₹10 croreBanks want arbitration back for big infrastructure disputes. They fear new rules will slow down payments and hurt sector funding. The gover...
Byju Raveendran says settlement near after Singapore court contempt orderByju's founder Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a...
After 50 hearings, court reserves judgement in Daiichi-Fortis caseThe Delhi High Court has reserved its judgment in a significant arbitration case. Japanese drug maker Daiichi Sankyo is seeking to enforce ...
'Seriously concerned': Quad joint statement flags water cannons, blocked ships in South and East China SeasIndia, US, Japan, and Australia foreign ministers met in New Delhi. They voiced serious concerns over the South China and East China Seas. ...
Former Dentons Link Legal partner Kshama Loya launches boutique arbitration chambersKshama A Loya has launched a specialist arbitration practice in Mumbai. She previously worked as a partner at Dentons Link Legal. Loya will...
Fortis liability case: Delhi HC says blame can't be shifted to third partyAmid ongoing legal disputes, the Delhi High Court is probing Fortis Healthcare's oversight concerning the sale of shares belonging to the S...
NHAI settles arbitration claims in Panipat-Jalandhar Highway project casesThe National Highways Authority of India has successfully settled two major arbitration cases. An arbitral tribunal awarded NHAI Rs 819.96 ...
Bombay HC quashes Rs 1,524 crore proposed GST demand on Tata Sons in Docomo arbitration payout caseThe Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...
Supreme Court rules on forex conversion date to hasten arbitral awardsThe Supreme Court ruled that the date for determining the conversion rate of foreign arbitral awards into Indian rupees is when the award b...
Supreme Court to pronounce verdict on Amazon's pleas against FRL-Reliance deal on FridayThe verdict is keenly awaited as it is likely to deal with the legality and enforceability of an award by an Emergency Arbitrator (EA) of t...
Supreme Court reserves verdict on Amazon's pleas against FRL-Reliance dealAmazon had first filed a plea before the high court (single judge) for enforcement of the October 25, 2020, EA award by Singapore Internati...
FRL-Reliance deal: Will decide if Emergency Arbitrator award valid, enforceable, says SCUS-based e-commerce giant Amazon.com NV Investment Holdings LLC, and FRL are embroiled in a bitter legal fight over FRL's Rs 24,713 crore m...
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...
Delhi High Court interprets applicability of amendments to Arbitration ActThe amended provisions also allowed the court to impose conditions, as it may deem fit, on the petitioner who seeks stay of the award.
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.
- Enforcing int'l arbitration awards vital
legal experts believe better enforcement of international arbitration awards to solve disputes between business houses is needed to sustain...