Cross-border disputes typically arise from commercial transactions involving parties in different countries. The common sources of conflict are breach of contract, performance or payment delays, shareholder disputes, Intellectual property infringement, conflicts over quality or delivery of goods/ser
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International commercial arbitration is a voluntary, private process in which disputes between international commerce or trade relations parties are decided upon by impartial arbitrators instead of national courts.
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The term of probation is typically specified in the contract of employment and is often between three and six months, but may be longer for certain reasons. The main aim is to protect the employer from the permanent engagement of an unsuitable employee, while still providing a fair deal to the proba
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This parallel existence of courts and confidentiality tends to create a conflict: while arbitration guarantees privacy, proceedings before courts are public. Confidentiality is held out as one of the cornerstones of arbitration. Sides resort to arbitration so that trade secrets, financial data, and
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One of the most significant prohibitions now in force is the ban on banks and NBFCs investing in AIF schemes that hold downstream investments in their own debtor companies. A "debtor company" refers to an entity to which the bank or NBFC has an existing or recent exposure.
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In Dhansar Engineering Co. Pvt. Ltd. v. Eastern Coalfields Ltd., the applicant sought review of an order dated 1st December 2022, when the court rejected his request under Section 11(6) of the Arbitration and Conciliation Act, 1996, for appointment of an arbitrator. The dispute arose from a 2017 con
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One of the most important aspects of arbitration law is the extent of intervention by the judiciary. While arbitration seeks to minimize court intervention, some checks and balances are unavoidable. This can be seen in Section 37 of the Arbitration and Conciliation Act, 1996, dealing with appealable
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With the increase in cross-border trade and investment, parties from different jurisdictions often need a neutral, enforceable, and efficient mechanism to resolve disputes. International arbitration has emerged as the preferred method of dispute resolution in global commerce, offering flexibility, p
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Arbitration is a more structured type of ADR where parties consent to refer their dispute to an arbitrator or a panel of arbitrators, who render a final and binding decision referred to as an award. The procedure is similar to an in-chambers court hearing but takes place in a secret location and per
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