Effective resolution
Arbitration, and not conventional litigation, is best suited to resolve infrastructure disputes, say Nilava Bandhopadhya, Zeel Gondilya and Stuti Singh.
Arbitration, and not conventional litigation, is best suited to resolve infrastructure disputes, say Nilava Bandhopadhya, Zeel Gondilya and Stuti Singh.
Arbitration as an alternate method of resolving disputes is not new in India. Before and after the Arbitration and Conciliation Act, 1996 was amended, there were a few private-sector arbitration organisations operating in various states.
Proposed amendments to the Arbitration Act must clearly spell out the procedure for appointing arbitrators, says Dr. P. Madhava Rao
The amount over Rs 4,600 crore, including interest, will help the beleaguered group to repay its debt. A detailed order will be uploaded on the top court website later in the day.
The provision will come into effect retrospectively from October 23, 2015, the ordinance states.
The Statesman Chambers offers all forms of professional-luxurious comforts for arbitration, conferences, and business meetings.
It also granted Injunction against the respondents from taking steps to complete the disputed transaction with Mukesh Dhirubhai Ambani group.
Advocate Jagdeep Singh Bakshi of Delhi High Court gives a lowdown on arbitration, the statute governing the Law of Arbitration in India, and various aspects of the Law of Arbitration
