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News
arbitration
Arbitration News
Foreign lawyers case
13 Mar 2018
Foreign lawyers, firms cannot practice or open offices in India: Supreme Court
They can only advice Indian clients on a 'fly-in-fly-out' basis, the apex court held.
RIL
16 Nov 2016
RIL slaps arbitration notice on govt over $1.55 bn demand: Minister
Reliance Industries has slapped an arbitration notice on the government over a demand USD 1.55 billion demand made on it for "unfairly enriching" by producing natural gas belonging to ONGC, Oil Minister Dharmendra Pradhan said today.
RIL
15 Nov 2016
RIL serves arbitration notice to government on ONGC gas dispute
Reliance Industries Ltd (RIL) has served a notice to the government for arbitration after the Petroleum Ministry asked it to pay $1.55 billion for allegedly producing gas from a well in the eastern offshore KG Basin connected to a field of state-run Oil and Natural Gas Corp. Ltd (ONGC).
NTT Docomo
08 Oct 2016
DoCoMo moves US court, Tata Sons to resist
In a dispute between NTT DoCoMo and Tata Sons over the enforcement of a US $1.17 billion award by the London Court of International Arbitration (LCIA), the Japanese firm has moved a US court.
Reliance Indsutries
01 Sep 2016
Reliance Industries not to withdraw arbitration against govt: Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani Thursday said the company will not withdraw an arbitration it has initiated against the government for disallowing recovery of certain KG-D6 gas field costs - a punishment for gas output targets not being met.
BRICS conference
24 Aug 2016
Finance Minister Arun Jaitley to inaugurate BRICS meet on arbitration
Finance Minister Arun Jaitley will inaugurate BRICS conference here on arbitration on August 27 which will deliberate on ideas and insights regarding dispute resolution mechanism among the 5 emerging nations that form the group.
South China Sea
13 Jul 2016
South China Sea ruling will `intensify conflict,` says envoy
China`s ambassador to the United States blamed Washington`s pivot to Asia under President Barack Obama for increased tensions.
BP
13 Mar 2016
BP signals willingness to take back arbitration
After the oil ministry's tough talk, BP of the UK has signalled its desire to end arbitration seeking higher prices for natural gas from eastern offshore KG-D6 block that it co-owns with Reliance Industries.
Tax
13 Oct 2015
Arbitration not best way to settle tax disputes: CBDT chief
Arbitration is not the best way to resolve tax disputes, CBDT Chairperson Anita Kapur said , stressing that the Indian legal system is fair enough to deal with taxation issues.
India
26 Sep 2015
India should aspire to be hub of neutral arbitration: SC Judge
India should aspire to become a hub of neutral arbitration, a Supreme Court judge on Saturday said while claiming that most people in the country have immense faith in this alternative form of dispute resolution.
RIL
24 Sep 2015
RIL arbitration case: Will follow court order, says Oil Ministry
Days after the Supreme Court dismissed its plea seeking removal of a foreign arbitrator appointed by Reliance Industries, the Petroleum Ministry Thursday said it will follow the court order in the dispute over Panna-Mukta and Tapti oil and gas fields.
arbitration
05 Aug 2015
Cabinet clears amendments to Arbitration Act
Seeking to ensure faster settlement of commercial disputes, Cabinet Wednesday cleared a proposal to amend the Arbitration Act which sets a fixed timeline for arbitrators to resolve cases.
NTT Docomo Inc
05 Jan 2015
NTT Docomo drags Tata Sons to arbitration over stake sale
Japanese telecom giant NTT Docomo has dragged Tatas to an arbitration court, alleging that the Indian firm failed to honour commitment to buy its Rs 7,250 crore stake in their joint venture Tata Teleservices Ltd.
arbitration
30 Dec 2014
Govt amends law on arbitration to attract investment
Amid its keenness to attract the maximum foreign investment, the government has sent out a signal to international business community by amending the Arbitration Act to make it mandatory for a judge presiding over commercial disputes to settle cases within nine months.
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