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Arbitration

Scope of judicial interference with Arbitral Awards - a journey from Renusagarâ€™s case to Ssangyong Engg.â€™s case to the Arbitration Amendment Act, 2021

Introduction: On 10.03.2021, the Government of India passed the Arbitration and Conciliation (Amendment) Act, 2021 (â€œAmendment Actâ€) which amended the Arbitration and Conciliation Act, 1996 (â€œthe Act of 1996â€) with effect from 04.11.2020. By the said Amendment Act, the Court has been given the

Arbitration : Laws and Flaws

Arbitration is a system of adjudication of a dispute by a Judge appointed by the choice of the parties. In rural India it was the only prevalent and widely accepted mode of dispute settlement for several centuries. It was simple, inexpensive and revered as a decision given by Almighty through

â€˜Seatâ€™ of Arbitration & its relation with Jurisdiction of Courts.

Domestic arbitration, with which we are concerned, are regulated by Part I of the Arbitration and Conciliation Act, 1996 [â€œAct of 1996â€]. Section 2(2) states that Part I applies where the â€˜placeâ€™ of arbitration is in India1. Therefore, arbitration proceedings which takes place in India and where

Enforcement of Foreign Arbitral Awards under Indian Arbitration Law

The Arbitration and Conciliation Act, 1996 makes provision for Domestic Award as set out in Section 2(7) of the Act of 1996 as well as recognition and enforcement of New York Convention Awards (Chapter I, Part II) and Geneva Convention Award (Chapter II, Part II). Preamble to the Act