An over view of FOSFA International Arbitrations
Federation of Oils, Seeds and Fats Associations Limited (FOSFA) is an association of various companies, firms, traders & organizations who are into the business of certain commodities.
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Federation of Oils, Seeds and Fats Associations Limited (FOSFA) is an association of various companies, firms, traders & organizations who are into the business of certain commodities.
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An arbitral tribunal need not give only one award in an arbitration , depending on the requirements in each case , it can give multiple awards but the last one would be the final award.
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Arbitration has become the most convenient and popular dispute resolution process for the resolution of commercial disputes.
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Arbitration agreement should be simple and covering all the essential factors to avoid intervention of courts.
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Without having system to ensure impartiality and independence of Arbitrators, arbitration cannot gain confidence in the minds of the parties to the dispute.
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The regular understanding of the words venue and seat in arbitration is that the venue does not have a juridical relevance, venue of arbitration can be changed as per the convenience of arties and the seat of arbitration determines various aspects of procedure including supervising courts, procedura
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Arbitration is a private dispute resolution mechanism created by way of contract between the parties. But still to avoid any gross injustice, the mechanism provides for supervisory courts
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One of the main purposes of arbitration is to resolve commercial disputes within a reasonable time. To achieve this objective UNCITRAL Model law provided for a very limited scope by providing a few grounds to challenge arbitration awards
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Government of India to advance its dream of making India International Arbitration hub has brought in a few more changes to the procedural law of India Arbitration and Conciliation Act,1996 In addition to its effort to achieve the above said status it has come
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