Tag Archives: reliance

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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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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Amendments to the Arbitration and Conciliation Bill, 2015: Govt.

Indian Government gave its approval for amendments to the Arbitration and Conciliation Bill, 2015 taking into consideration the Law Commission’s recommendations, and suggestions received from stake holders. The Government of India has decided to amend the Arbitration and Conciliation Act, … Continue reading

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Interest not payable if agreed by parties: SC

The Supreme Court of India ruled that a party is not liable to pay interest to the other party if they have decided against paying interest on the amounts payable in the contract. “When parties to the contract had agreed … Continue reading

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Courts can interfere in arbitration proceedings: CHC

The Calcutta High Court recently ruled that there is no blanket ban on courts to pass orders in arbitration proceedings in the interest of justice. The High Court was dealing with the issue of granting injunction against an arbitration proceeding. … Continue reading

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