Tag Archives: ordinance

Fugitive Economic Offenders Ordinance, 2018 promulgated: Govt.

Fugitive Economic Offenders Ordinance, 2018 has come into force as the President of India has given his assent to the Government’s decision to promulgate the said Ordinance. Fugitive Economic Offenders Ordinance, 2018 (“the Ordinance”) lays down the measures to empower … Continue reading

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Enemy Property Ordinance, 2016 Promulgated: Govt.

The President of India has promulgated the Enemy Property (Amendment and Validation) Ordinance, 2016 on January 07, 2016 to make amendments to the Enemy Property Act, 1968. The amendments through the Ordinance include that once an enemy property is vested … Continue reading

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Foreign law can be governing law between domestic parties: MHC

The Madhya Pradesh High Court recently allowed choosing of foreign law as the governing law in an arbitration between two Indian entities. The Court said where parties by mutual agreement agreed to resolve their dispute by arbitration and chose a … Continue reading

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Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts Ordinance, 2015: Govt.

The President of India has promulgated an Ordinance for the constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and for matters connected there with or incidental thereto. … Continue reading

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Arbitration and Conciliation (Amendment) Ordinance, 2015: Govt.

The President of India has promulgated the Arbitration and Conciliation (Amendment) Ordinance, 2015 (“Ordinance”). The Ordinance amends the provisions of Arbitration and Conciliation Act, 1996 (“Act”). http://goo.gl/U5BxeC The salient features of the amendments are as under: (i) In order to … Continue reading

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Domestic parties arbitrating to be governed by Indian law: BHC

The Bombay High Court recently held that if domestic parties had entered into an agreement whereby disputes between them were to be referred to arbitration and the arbitration clause provided for arbitration to be held outside India with English law, … Continue reading

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Amendment in Negotiable Instrument Act: Govt

The President of India has promulgated the Negotiable Instruments (Amendment) Ordinance, 2015 (No.6 of 2015) on 15th June, 2015. The Ordinance provides for determination of territorial jurisdiction of courts for trying cases relating to offence of dishonour of cheques under … Continue reading

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