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NTDC fails to recover Rs714m from Iranian firm - Newspaper


The NTDC had terminated the contract with the Iranian firm due to persistent delays on the part of the Iranian contractor. The project was eventually completed by another contractor. Dawn/File
LAHORE: The National Transmission and Dispatch Company (NTDC) has failed to recover Rs714 million from an Iranian firm despite the award announced by the Paris-based International Chamber of Commerce (ICC) in April last year,
Dawn learnt on Saturday.
“A severe lack of on-time decision making, politics, appointment of a permanent MD, resignation of competent officers and other administrative issues are the major reasons behind the long delay in resolving various matters including recovery of Rs714m claims the NTDC had made before the ICC in a case filed by the Iranian firm against the company,” an official source told ....

Muhammad Ayub , Rahim Yar Khan , National Transmission , International Chamber , Central Power Purchase Agency , Dispatch Company , Paris Based International Chamber , Financial Officer , Chief Legal Officer , Central Power Purchase Agency General , முஹம்மது அயூப் , ரஹீம் யார் காந் , தேசிய பரவும் முறை , சர்வதேச அறை , அனுப்பவும் நிறுவனம் , பாரிஸ் அடிப்படையிலானது சர்வதேச அறை , நிதி அதிகாரி , தலைமை சட்டப்பூர்வமானது அதிகாரி ,

'A real staging post' - Singapore shares joint billing with London as premier arbitration centre


A real staging post - Singapore shares joint billing with London as premier arbitration centre
07 May 2021
A real staging post - Singapore shares joint billing with London as premier arbitration centre
Singapore and Hong Kong move up rankings as the status of Paris slips, according to major survey
The SIAC huntergol hp; Shutterstock
Singapore has ranked jointly with London as the world’s favourite arbitration centre in a survey of more than 1,200 in-house lawyers, arbitrators and practitioners.
Some 54% of respondents to the 12th International Arbitration Survey, which was conducted by Queen Mary University of London (QMUL) and White & Case, identified the city state as one of their preferred seats, the same proportion who chose London. ....

New York , United States , France General , Hong Kong , United Kingdom , South Korea , City Of , Wilmer Hale Gary , Daniel Kalderimis , London Court , Singapore International Arbitration Centre , Hong Kong International Arbitration Centre , London Maritime Arbitration Association , Queen Mary University Of London , International Arbitration , International Chamber , White Case , Maxwell Chambers , International Arbitration Survey , Queen Mary University , Paris Based International Chamber , Twenty Essex , Gary Born , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் ,

Singapore hedge fund targets billions for trade finance

Singapore hedge fund targets billions for trade finance
straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.

International Chamber , Flow Capital Management , Paris Based International Chamber , சர்வதேச அறை , ஓட்டம் மூலதனம் மேலாண்மை , பாரிஸ் அடிப்படையிலானது சர்வதேச அறை ,