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MODIFY ARBITRAL AWARDS
SC modifies Bombay HC order, MMRCL spared ₹250-crore upfront paymentThe Supreme Court has modified a Bombay High Court order, easing conditions for Mumbai Metro Rail Corporation Ltd (MMRCL) to stay an arbitr...- SC halts HC’s Rs 1,169 crore deposit order in MMRDA–Reliance metro disputeThe Supreme Court has put a hold on the Bombay High Court's order, which instructed MMRDA to deposit the entire arbitral award of Rs 1169 c...
- Delhi HC refuses to stop Vedanta’s deductions in oil field arbitration disputeThe Delhi High Court dismissed the government's appeal against Vedanta Ltd regarding deductions from Rajasthan oil and gas fields. Vedanta ...
- Panacea Biotec, Apotex settle dispute over breach of collaboration agreementPanacea Biotec settles arbitration disputes with Apotex Inc., with Panacea Biotec Pharma Ltd. set to receive a net USD 2 million. The settl...
- Courts, govt, and the curious case of weakening arbitration softlyRecent decisions by the Indian Supreme Court and governmental actions are raising concerns about the effectiveness of arbitration as a reli...
- Courts in India have limited powers to modify arbitral awards, says SCIn a 4:1 majority, the Supreme Court ruled that Indian courts possess limited authority to modify arbitral awards under the Arbitration and...
- 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...
- Can courts modify arbitral awards? SC reserves verdictOn Wednesday, the Supreme Court reserved its verdict on whether courts can modify arbitral awards under the 1996 arbitration law. Solicitor...
- Seeking cost of trains, not damages, from DMRC: Reliance Infrastructure firm to SCThe Delhi Airport Metro Express Private Limited (DAMEPL), a Reliance Infrastructure firm, informed the Supreme Court that it seeks only the...
- Govt moves High Court challenging Arbitral Award to VedantaThe dispute between the Directorate of Hydrocarbons and Vedanta - Cairn arose due to incorrect cost recovery and non-allocation of common c...
- 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...
- DMRC-Reliance Infra Co row: SC Judge Narasimha recuses himself from hearing pleaJustice PS Narasimha recused himself from hearing a plea by Reliance Infrastructure's Delhi Airport Metro Express Private Limited that chal...
- Consensus on settlement of Voda tax case soon: GovernmentVodafone through its counsel Anuradha Dutt sought liberty to proceed with the arbitration relating to this dispute if the settlement talks ...
- Supreme Court directs Rs 5 lakh each be paid to 9 fishermen in Italian marines caseThe top court last year brought the curtains down on the criminal proceedings initiated in India against the two Italian marines, who were ...
- Oyo gets Delhi HC relief on IPO challenge from ZostelPeople in the know said Zostel is likely to approach a division bench of the high court to challenge the order, pronounced by a single-judg...
- Oyo to move ahead with IPO plans, Delhi HC to hear Zostel case on October 7While Oyo has challenged the SC-appointed arbitrator's order passed originally in March over the dispute, Zostel moved an application late ...
- Marine case: Supreme Court puts on hold payout to boatowner after plea by 6 survivorsHowever, the surviving occupants of the boat sought SC’s intervention to ensure that they too were compensated for the trauma they underwen...
- COVID-19: Delhi High Court anguished over shortage of vaccines in IndiaThe high court was deliberating with the issue related to manufacturing of COVID vaccine Sputnik V by India's Panacea Biotec in collaborati...
- Amazon writes to Sebi again, urges it to suspend review of Future-RIL dealOn December 21, a single member bench of the Delhi HC had rejected Future Group's plea to restrain Amazon from writing to regulatory author...
- Setback for ArcelorMittal: Cayman Island court refuses worldwide freeze on Essar Global FundA Garnishee Order Absolute prevents the garnishee from making repayment of the debt owed to the judgement debtor.
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