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LONDON COUNCIL OF ARBITRATION
ZEEL files $8 million counterclaim against Star India in ICC TV rights disputeZEEL files an $8 million counterclaim against RIL-backed Star India over a failed ICC contract. Star, seeking $940 million in damages, asse...
Govt floats draft bill to amend arbitration law; Adds proviso for emergency arbitrationThe Indian government introduces a draft bill aiming to enhance institutional arbitration and minimize court involvement, proposing 'emerge...
Star claims $940 million damages from ZEE over failed dealStar India, owned by Walt Disney, has sought $940 million in damages from Zee Entertainment for not honoring a $1.5 billion ICC TV rights d...
Zee shelled out Rs 432 crore on failed merger with Sony unitZee Entertainment faced significant merger-related costs due to a failed deal with Culver Max Entertainment. The company also dealt with im...
IOC imposes 15-year ban on former Olympic power broker Sheikh Ahmad of KuwaitThe sheikh, who turns 61 on the day after the Paris Games close in August, will be 74 when the latest punishment expires. Under IOC rules h...
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...
Arbitration best-suited dispute resolution mechanism for commercial world, says CJISaying that it is time to introspect and find ways and means to explore all possibilities to make arbitration an efficient result-oriented ...
- CJI allays apprehension on increasing interference of domestic courts in arbitration process
"In recent years, there has been some apprehension in the minds of parties about increasing interference of domestic courts in the arbitrat...
India becoming hub of international arbitration will also promote ease of doing business: Kiren RijijuEstablishing these institutions would not only help in reduction of litigation for appointment of arbitrators, but would promote institutio...
ET Q&A:‘Foreign arbitrators must be allowed to be stationed in India’If India needs to become an international hub for arbitration, then the country needs to allow foreign arbitrators to represent matters rel...
Government mulls ordinance to fast track settlement of commercial disputesThe bill seeks to help India become a hub for domestic, global arbitration for settling commercial disputes.
Arbitration Bills likely to be introduced in monsoon sessionThe government was initially mulling to promulgate an ordinance instead of introducing the arbitration bill.
Foreign law firms case: Will step in if BCI fails to frame rules, say CentreThe BCI, on its part, said it was willing to frame rules to allow foreign firms on the basis of reciprocity, but did not want to give forei...
Law Ministry proposes body to help government departments in arbitration casesThe proposal assumes significance as the Narendra Modi government eyes big ticket investments in the infrastructure sector.
Gas price dispute: RIL, BP & Niko Resources appoint ex-British judge David Steele as its arbitratorThe trio had on May 9 said that failure to implement the increase from April 1 is preventing them from sanctioning investments of almost $4...
- Post reform burst, UK pushes India for opening legal and accounting sectors
UK is now prodding New Delhi to open up the legal services and accountancy sectors that it has kept close for foreign professionals so far.
Remove hurdles to effective, fruitful international arbitrationThe case for India to adopt a pro-arbitration approach, and strengthen alternate dispute resolution institutions is obvious and compelling.