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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
Mr. Vikas Singh and Ms. Nandadevi Deka had written an article in (2015) 4 SCC (J) 12 which dealt with the enforceability of orders of interim measures of protection passed by the arbitral tribunal under Section 17 of the Arbitration and Conciliation Act, 1996 (“1996 Act”). The substance of...
Persistent link: https://www.econbiz.de/10012988066
Globalisation as a phenomenon has encaptivated the world in the last part of the 20th century leading to the rise of a global service sector, where services could be offered across national borders. These factors have acted as catalysts in bringing forth a start-up revolution world over. Several...
Persistent link: https://www.econbiz.de/10014095415