Articles tagged with: arbitration
Legal Pulse: Radical arbitration reforms, int'l arbitration-meddling Satyam case to be history
India’s law ministry has proposed to nullify the controversial Supreme Court judgement of Venture Global Engineering vs Satyam Computers Services by amending the Arbitration Act and preventing Indian courts from challenging international arbitral awards. Other proposals include making institutional arbitration mandatory for disputes over Rs 5 crores and narrowing “public policy” in light of the ONGC v Saw Pipes case.
Delhi HC arbitration centre kick-started; 3 cases already referred

London arbitrators push further into India with new chapter

It hopes to promote alternative dispute resolution (ADR) under the chairmanship of Society of Indian Law Firms (SILF) president Lalit Bhasin.
Hard court battle - litigation and arbitration
India needs to enhance its arbitration offerings and overhaul its courts’ processes to give its backlog of cases any chance of closure before the year 3000.

Also spare a thought for the unfortunate litigants, who will most likely not find the experience as enjoyable.
The running joke in India goes that, if you litigate here, your sons and daughters will inherit your dispute.