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Recently, the labour enforcement authorities under the Contract Labour (Regulation & Abolition) Act, 1970 (hereinafter “1970 Act”) have initiated prosecutions against Heads of Functional Departments of the factories of Public Sector Undertakings for not obtaining registration under the 1970...
Persistent link: https://www.econbiz.de/10014155825
The Statement of Objects and Reasons to the Arbitration & Conciliation (Amendment) Bill, 2015 placed substantial blame on the judiciary for the delay in disposal of arbitration matters and the increasing court interference in arbitration, both of which, according to the said Statement, had, the...
Persistent link: https://www.econbiz.de/10014123746
Section 31(8) of the Arbitration and Conciliation Act, 1996 as originally enacted dealt with costs in arbitration. The evolution of the law on the subject led to dissatisfaction. After numerous calls for reforms, the Law Commission of India in its 246th Report sought overhaul of the existing law...
Persistent link: https://www.econbiz.de/10012955900
The recently notified Arbitration and Conciliation (Amendment) Act, 2015 has been enacted with the intent to make Indian arbitration user-friendly, efficient and cost-effective. Arbitration in India was notorious for long delays, lack of professionalism, excessive judicial interference, etc. The...
Persistent link: https://www.econbiz.de/10012981706
Over the past few years, several ministers and Government representatives have expressed the desire to make India a hub of international arbitration and to improve India's position in the Ease of Doing Business rankings published by the World Bank The recent amendments to the Arbitration and...
Persistent link: https://www.econbiz.de/10012981707
This short essay analyses the recent developments in the law on contract formation in India through the case of Trimex International Fze Limited v. Vedanta Aluminium Limited. Trimex International FZE Limited, the petitioner applied to the Supreme Court of India under Section 11(6) of the Indian...
Persistent link: https://www.econbiz.de/10014169588