Newsletter on Arbitration (October 2020)
In the midst of pandemic, with easing of restrictions, Industries and Companies are trying to get back on the wagon. However, this has also given rise to trade disputes of diverse nature and complex character involving huge stakes. In this newsletter our endeavour is to highlight the recent updates in the branch of […]
New Rules for the Changed World
On 11th August 2020, the LCIA unveiled the long-awaited update to its Arbitration Rules (LCIA 2020 Rules). The LCIA 2020 Rules will become effective on 1 October 2020 and will apply to arbitrations commenced from that date onwards. They will supersede the 2014 edition of the LCIA Arbitration Rules. The LCIA 2020 Rules introduce number […]
Newsletter on Arbitration (June-July, 2020)
In a significant development, the Bombay High Court appointed arbitral tribunal awarded a compensation of ₹4814.67 Crore plus 10% interest from 2012 to Deccan Chargers in an arbitration against BCCI. While it is yet to be seen whether BCCI challenges the arbitral award but this award marks the end of the 8 years dispute which […]
Arbitration & COVID-19
The imposition of lockdown has significantly impacted the dispute resolution procedures. Arbitration is considered as more flexible dispute resolution procedure and hence the arbitral institutions across the globe have been operating and have issued guidelines with regard to virtual hearing and electronic filing of documents. In the domestic front, the Supreme Court extended the limitation […]
