When companies are in a dispute, they want justice and efficiency. Otherwise, justice delayed is justice denied. Singapore International Commercial Court launched model clause to aid parties in designating SICC as supervisory court to hear arbitration-related applications.
Former director for marketing in gas utility GAIL India Ltd Gajendra Singh has been appointed as a member of the Petroleum and Natural Gas Regulatory Board PNGRB, which is downstream oil regulator.The Appointments Committee of the Cabinet ACC appointed Singh and GAIL Director Finance Anjani Kumar Tiwari as members in the PNGRB, according to an official order issued on August 7.Singh has accepted the appointment and joined PNGRB on Monday.Sources said Tiwari hasnt joined as he is yet to be relieved from GAIL, where he is serving as Director Finance.