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The recently constituted expert committee tasked with revamping the Arbitration and Conciliation Act, 1996 should strongly consider incorporating a residual power of modification for the courts.
Harare, June 15 (IANS) Sri Lanka off-spinner Maheesh Theekshana has said that his side will look to take inspiration from the 1996 World Cup-winning
To what extent do the items in the Fifth Schedule of the Arbitration Act apply to bulk disputes of financial institutions facilitated through an ODR platform/institution?
In Nuovo Pignone International SRL v. Cargo Motors Private Limited, the High Court followed an international pro-arbitration approach and upheld the spirit of the New York Convention.
Even though the Act has been amended five times to overcome various statutory lacunae, in practical terms, arbitration law in India is far from ideal.