Yesterday on 11th April 2017, Justice S. Muralidhar in Ratna Infrastructure Projects Pvt. Ltd. v. Meja Urja Nigam Private Limited, Arb. Pet 537/2016 made observations on the applicability of the 2015 amendments over the arbitration proceedings commenced under the Arbitration and … [Read more...] about How Not So Carefully Drafted One-Side Clause Can Backfire! Delhi HC Makes 2015 Amendments To Arbitration Act Applicable To Proceedings Initiated Under The 1996 Act
Arbitration act 1996
Act 26 of 1996, is celebrating its eighteenth birthday on 16th August 2014. An Act intended to consolidate and amend the law relating to domestic arbitration, international commercial arbitration and enforcement of foreign arbitral awards and also to define the law relating … [Read more...] about The missing elements in Arbitration and Conciliation Act 1996
The Indian arbitration scenario had always been abysmal. If the way in which arbitration proceedings were conducted under the 1940 Arbitration Act had made lawyers laugh and legal philosophers weep in view of unending prolixity, at every stage providing a legal trap to the … [Read more...] about Amendment of Indian Arbitration Act: A Sigh of Relief for the Indian Arbitration Professionals and Clients!
The scope of enquiry under the Section 45 is confined only to the question whether the arbitration agreement is “null and void, inoperative or incapable of being performed”, the Court observed. The Apex Court in Sasan Power Limited vs. North American Coal … [Read more...] about Legality and Validity of substantive contract cannot be enquired under Section 8/Section 45 of Arbitration and Conciliation Act, 1996 [Read Judgment]
Striving to ensure speedy settlement of commercial disputes, the Union Cabinet has cleared a proposal to amend the Arbitration and Conciliation Act, 1996. The amendments mirror an earlier ordinance which had made arbitration time-bound and fee-bound.Lawyers and Judges had … [Read more...] about Cabinet clears amendments to Arbitration and Conciliation Act, 1996