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Recognition Of Emergency Arbitration In India

Recognition Of Emergency Arbitration In India
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The Delhi High Court recently had the opportunity to examine the issue whether an emergency arbitrator is an arbitrator under the Arbitration and Conciliation Act, 1996 (
Act ). The High Court further examined the issue of whether the interim order of the Emergency Arbitrator is an order under Section 17 (1) and is enforceable under 17(2) of Act
Emergency Arbitration
The concept of emergency arbitration, though while not expressly present in the Act or even in the Arbitration and Conciliation (Amendment) Act, 2019 (
2019 Amendment ) is an unique procedure found in many arbitral institution rules. Arbitral institutions rules such as the SIAC Rules ....

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Webinar: Arbitration in India and Singapore: Practitioners' Views

India:
Arbitration in India and Singapore: Practitioners’ Views
Courts in India and Singapore have taken a pro-arbitration stance with a strict adherence to the principle of non-interference with arbitral awards. They have also taken proactive steps to ensure their speedy execution. This contributes to the two countries’ credentials as arbitration-friendly regimes.
The Indian government has taken steps in recent years to provide greater certainty for international investors, including amending the country’s arbitration laws in 2015 and 2019. Furthermore, the opening of arbitral institutions like Mumbai Centre for International Arbitration (MCIA), Delhi International Arbitration Centre (DIAC) and Nani Palkivala Arbitration Centre is a step towards promoting the Indian legal system as a viable alternative for businesses pursing arbitration connected with India. ....

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Amazon-Future Case : Emergency Arbitration Recognized By Current Legal Framework; No Need For Amendment, Says Delhi High Court

Amazon-Future Case : Emergency Arbitration Recognized By Current Legal Framework; No Need For Amendment, Says Delhi High Court
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Ex-Chief Justice Ranjan Gogoi appointed as sole arbitrator in a case

The Supreme Court has appointed former Chief Justice of India and Rajya Sabha Ranjan Gogoi, as the sole arbitrator in the case between MCM Service Private Limited and Ithalia Thai Development Public Company Limited.
A Bench of Justice Indu Malhotra and Justice Ajay Rastogi appointed Gogoi as the sole arbitrator saying that arbitral proceedings will be conducted by the Mumbai Centre for International Arbitration with the seat of the arbitration at New Delhi.
He was appointed based on the consent of both parties. The fees of the arbitrator shall be borne equally by the parties.
The parties have consented to the appointment of a Sole Arbitrator in supersession of Clause 67.3 of the General Conditions in the Contract Agreement. By consent of the parties, we appoint Shri Ranjan Gogoi, former Chief Justice of India, as the Sole Arbitrator to resolve the disputes arising out of the Contract Agreement. The arbitral proceedings will be conducted by the Mumbai Centre for In ....

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Ex-CJI Ranjan Gogoi appointed as sole arbitrator in a case | India News

India News: The Supreme Court has appointed former Chief Justice of India and Rajya Sabha MP Ranjan Gogoi, as the sole arbitrator in the case between MCM Service ....

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