The Draft Arbitration and Conciliation (Amendment) bill, 2024: Whether the draft bill affects India’s status as a pro-arbitration ?
Introduction Recently, The Department of Legal Affair Released The Arbitration and Conciliation (Amendment) bill, 2024 and invited comments on drafts amendment for more reforms in Arbitration and conciliation Act, 1996. The aim and purpose is to provide a boost to Institutional Arbitration, reduce judicial intervention and ensure timely conclusion of Arbitration proceeding. The department also … Continue reading The Draft Arbitration and Conciliation (Amendment) bill, 2024: Whether the draft bill affects India’s status as a pro-arbitration ?
Read more »Enforceability of Emergency Awards Passed in Foreign-Seated Arbitration
Introduction Recently the Supreme Court of India in Amazon.com NV Investment Holdings LLC vs. Future Retail Limited settled the dispute revolving around the Emergency Arbitration with Justice Nariman and Justice Gavai holding it to be included within section 17(2) of the Arbitration and Conciliation Act, 1996. This is a significant step towards India becoming a … Continue reading Enforceability of Emergency Awards Passed in Foreign-Seated Arbitration
Read more »