There is a common belief that the arbitration law and competition law regimes stand diametrically opposite to each other with no point of intersection.
The Arbitration & Conciliation Act, 1996 (herein after ‘The Act’) with its advent has paved way for an effective alternate dispute resolution mechanism but reduces importance of certain the procedural and other substantive laws that forms the basis of settling disputes before the courts.
Webinar PPT : Fundamentals of an India seated International arbitration
Federation of Oils, Seeds and Fats Associations Limited (FOSFA) is an association of various companies, firms, traders & organizations who are into the business of certain commodities.
An arbitral tribunal need not give only one award in an arbitration , depending on the requirements in each case , it can give multiple awards but the last one would be the final award.
Arbitration has become the most convenient and popular dispute resolution process for the resolution of commercial disputes.
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