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Sunday, November 28, 2021

Arbitration Act

ARBITRATION ACT NEWS

Challenge to arbitral award in court only if there is ‘complete perversity in reasoning’: SC

December 19, 2019 3:35 am

The courts will have to take into account the degree of “particularity of reasoning required having regard to the nature of issues falling for consideration” the Bench noted, adding this will depend on the facts of the case.

Under new law, reward for arbitrators who finish job on time, penalty for delay

October 24, 2015 12:18 am

Move meant to send positive signal to corporates, ensure retired judges don’t delay arbitration proceedings.

Law panel, AG differ on arbitration Act, govt set to revisit its clauses

May 18, 2015 1:50 am

Law panel chief opposes amendment asking arbitrators to decide commercial disputes in 9 months.

Delhi: 4 benches renamed commercial courts

March 26, 2015 4:28 am

Currently, there are between 18,000-20,000 cases pending in the Delhi High Court which are commercial in nature.

Faster arbitration, commercial HC wings

March 19, 2015 12:41 am

A bill to amend the Arbitration Act will be brought during the current session, Sadananda Gowda said.

Indian courts can’t hear foreign panel rulings: SC

September 07, 2012 12:59 am

Thursday’s judgment held that if an Indian investor chooses to go for arbitration with a foreign company abroad,Indian courts would have no jurisdiction to interfere with the arbitration award unless provided under law.

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