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SICC awards $482 50 mn value for Kiri Industries stake in DyStar
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The sixth edition of NLIU-Justice R.K. Tankha Memorial International Arbitration Moot was organised on the virtual platform. The event was organized in collaboration with the Office of Senior Advocate and Member of Parliament –
Mr. Vivek Tankha, L&L Partners Law Offices,
Singapore International Arbitration Centre (SIAC),
Jus Mundi, Transnational Dispute Management (TDM), NFRAL and IALR, from 05th March to 07th March 2021. The three-day event witnessed the participation of 50 teams from all across the globe.
Result of Competition:
Winner: NALSAR University of Law, Hyderabad and Symbiosis Law School (SLS), Pune (Prize Money Rs. 80,000 Per Team and Internship to 4 people out of 8 with L&L Partners)
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To provide judicial support for the Belt & Road Initiative ( BRI ), the Supreme People s Court of the People s Republic of China ( Supreme Court ) launched two international commercial courts ( China International Commercial Court or CICC )
1 in June 2018, which are respectively based in the southern Chinese city Shenzhen and the northern city Xi an.
2 The establishment of CICC is a ground-breaking innovation for the judiciary system in China, and may have a profound impact on the resolution of cross-border disputes arising from international commercial transactions connected to the BRI. Since their foundation, these courts have administered more than a dozen of cases. The Supreme Court has issued several judicial documents to guide the operation of CICC, such as the Provisions on Several Issues regarding the Establishment of the CICC,
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