Insolvency and Bankruptcy Code, 2016 brought in a substantial financial discipline among Indian Companies.
Government of India and Supreme Court of India are taking various action to help social distancing in view of COVID- 19. Supreme Court of India, in view of its commitment to the proactive actions, cancelled physical filing of papers and directed all parties to resort to e-filing of cases.
Angola, an African country known for its Oil reserves joined New York Convention on Recognition and Enforcement of Foreign Arbitration awards on 6th April 2017. New York Convention has convention has brought 157 countries together agreeing to enforce foreign Arbitration awards passed in other seats of the member countries, of course subject to some conditions.
In a recent Judgment Supreme Court of India, reported in SCC as (2016) 3 Supreme Court Cases 619 Shailesh Dhairyawan Vs Mohan Balkrishna Lulla, dealt with the important issue of resignation or refusal of a named arbitrator and consequential appointment of another arbitrator replacing the named arbitrator.
In a recent judgment L Capital Jones Ltd Vs Maniach Pte Ltd, dated 09th January 2017, Singapore Court of Appeal dealt with the question of arbitrability of minority oppression claims with particular reference to whether there is a public policy exception to the General Rule stated in its earlier judgment of Tomolugen Holdings Ltd Vs Silica Investors Ltd and other appeals (2016)1SLR37, that minority oppression claims are generally arbitrable.
As announced in the budget of 2017 by Mr Arun Jaitley the Finance Minister of India, Government of India is planning to encourage more foreign investment by simplifying the procedures and relaxing the limits in various sectors in the year starting from 1st April.
Punjab and Haryana High Court has proposed an international arbitration center in Gurugram, the satellite city of New Delhi and has requested the Government of India to do the needful.
Law Senate law firm organised a workshop on “Effective handling of Disputes between Indian & Chinese parties through International Arbitration” on 19th July 2016 in Hotel Radisson, Nanjing Road, Shanghai.
There is a news that Government of India is planning to start an Arbitration hub seated in Delhi.
Skip & continue
In Compliance with Indian Regulations, Kindly Review the User Acknowledgement and Disclaimer below and then Proceed.
By proceeding further and clicking on the "ACCEPT" button herein below, I acknowledge that I of my own accord wish to know more about Law Senate (LS) for my own information and use. I further acknowledge that there has been no solicitation, invitation or inducement of any sort whatsoever from Law Senate (LS) or any of its members to create an Attorney-Client relationship through this website. I further acknowledge having read and understood the Disclaimer below
This website (www.lawsenate.com) is a resource for informational purposes only and is intended, but not promised or guaranteed, to be correct, complete, and up-to-date. Law Senate (LS) does not warrant that the information contained on this website is accurate or complete, and hereby disclaims any and all liability to any person for any loss or damage caused by errors or omissions, whether such errors or omissions result from negligence, accident or any other cause.
Law Senate (LS) further assumes no liability for the interpretation and/or use of the information contained on this website, nor does it offer a warranty of any kind, either expressed or implied. The owner/Partners of this website do not intend links from this site to other internet websites to be referrals to, endorsements of, or affiliations with the linked entities. Law Senate (LS) is not responsible for, and makes no representations or warranties about, the contents of Web sites to which links may be provided from this Web site.
This website is not intended to be a source of advertising or solicitation and the contents of the website should not be construed as legal advice. The reader should not consider this information to be an invitation for a lawyer-client relationship and should not rely on information provided herein and should always seek the advice of competent counsel licensed to practice in the reader's country/state. Transmission, receipt or use of this website does not constitute or create a lawyer-client relationship. No recipients of content from this website should act, or refrain from acting, based upon any or all of the contents of this site.
Furthermore, the owner of this website does not wish to represent anyone desiring representation based solely upon viewing this Web site or in a country/state where this website fails to comply with all laws and ethical rules of that state. Finally, the reader is warned that the use of Internet e-mail for confidential or sensitive information is susceptible to risks of lack of confidentiality associated with sending email over the Internet.