WitrynaPragya Sharma is a dual-qualified attorney with license to practice law in India & State of California. Currently, she works as an Arbitration … Witryna14 lut 2024 · The amendment to Section 34 is the most important change to the Act of 2024.It is regarding the automatic stay of awards made under the Principal Act. Under the current system, a party can apply to the Court to hold an arbitral judgment under Section 34.In Prakash Industries Limited v.Bengal Energy Limited and Ors., the court was …
Conciliation in India IDRC
Witryna14 lut 2024 · SUGGESTIONS BY THE LAW COMMISSION OF INDIA. India now has the wholehearted legislative approval for beneficial law reforms contained in the Code of … Witrynanew arbitral institution Maharashtra Centre for International Arbitration (MCIA) has been launched successfull y. 7 In India, Govt. is the highest litig ant and along with the PSUs it contrib utes to a lar ge per centa ge of litigations in the Country. 8 Arbitration and Conciliation (Amendment) Act, 2015. images of levels
Important principles of Arbitration Law - iPleaders
Witryna12 sty 2024 · ADVANTAGES OF ARBITRATION. There are numerous advantages of going for arbitration over litigation. The major ones among them are as follows: Cost effective. In arbitration, not much legal preparation is required. Most of the charges or costs incurred during the arbitration process are divided between both the parties. Witryna28 maj 2024 · The most important measure that could be taken is expressly incorporating a confidentiality clause in the arbitration agreement, specifying the remedies for breach, the extent of confidentiality, security measures to be taken by the parties, and the scope of the confidential information. Witryna4 paź 2024 · There are some important provisions in an arbitration agreement, and these are mentioned below: an arbitration agreement must be made in writing. Under … list of all sunglass brands