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In a landmark 255-page judgement, the Calcutta High Court has upheld an arbitral award in favor of Reliance Infrastructure (“RIL”), arising out of a deal struck with the Damodar Valley Corporation...
In a landmark 255-page judgement, the Calcutta High Court has upheld an arbitral award of ₹1,354 crores in favour of Reliance Infrastructure (“RIL”), arising out of a deal struck with the Damodar...
The Court expressed concern that arbitration in India is being burdened by increasing judicial interference at every stage, which demotes India’s standing as a business-friendly destination.