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23 Pages Posted: 19 May 2020
GALGOTIAS UNIVERSITY
Date Written: April 22, 2020
The significant increase in the economic development of nations over the last few decades has been accompanied by a considerable increase in the number of commercial disputes as well. As a result, alternative dispute resolution mechanisms including arbitration have become more crucial for businesses operating in India as well as those during businesses with Indian firms. Keeping in mind the broader exploration between the quality of legal performance and economic growth, this paper is an attempt to critically evaluate arbitration in India as a legal institution. In this paper, the prime position in dispute resolution is discussed. This paper examines and evaluates the International Arbitration Regime in India under 1940 and 1996 Acts, and also discusses the main concepts like arbitrator, arbitration agreement, arbitral awards, foreign awards, public policy etc. This paper also deals with recognition and enforcement of the award and identifies the Indian regime governing the domestic, and International Commercial Arbitration. In International commercial arbitration contracts are frequently applied ADR techniques, especially arbitration is seen as a way out arbitration as a private, independent, and neutral system, time and cost benefits that are felt to be the hallmarks of the arbitration. Arbitration is increasingly becoming popular within the parties to settle their international as well as domestic commercial disputes.
Keywords: Arbitration and Conciliation, Arbitral Award, Foreign Award, Domestic Arbitration, International Commercial Arbitration
Suggested Citation: Suggested Citation
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International Commercial Arbitration Law and Recent Developments in India ©Nishith Desai Associates 2022 Provided upon request only Please see the last page of this paper for the most recent research papers by our experts. Disclaimer This report is a copy right of Nishith Desai Associates. No reader should act on the basis of any statement
Vice-President of the International Council for Commercial Arbitration (ICCA) and of the Inter-national Federation of Commercial Arbitration Institutions (IFCAI). The author can be reached at [email protected]. The views expressed in this paper reflect only those of the author. 1. J.
Abstract. Experts agree that international commercial arbitration relies far more heavily on written advocacy than litigation does, yet very few practitioners and arbitrators have ever received any specialized training in how to research and present written arguments in this unique area of law.
Abstract. International commercial arbitration is the process of resolving business disputes between or among transnational parties through the use of one or more arbitrators rather than through the courts. It requires the agreement of the parties, which is usually given via an arbitration clause that is inserted into the contract or business ...
89. The Workings of International Commercial Arbitration (ICA) . Chinwe Egbunike-Umegbolu . Abstract. International commercial disputes require a significant and. expeditious determination as ...
50 Difficulties in international commercial arbitration can arise because of the absence of an internationally recognized citation system. See Jolivet, supra note 17, at 267. For example, sources for the New York Convention include 330 U.N.T.S. 3, T.I.A.S. No. 6997, and 7 I.L.M. 1046.
Maxwell 2007) 1; Gary Born, International Commercial Arbitration (3rd edn, Kluwer 2021) 269 et seq.; Julian D.M. Lew Comparative International Commercial et al., ... 9 Tanning Research Laboratories, Inc. v Hawaiian Tropic de Venezuela C.A., Caracas Court of First Instance, 2 August 2006 and Venezuelan Supreme Court, 12 ...
Research and Practice in International Commercial Arbitration. S.I. Strong, RESEARCH AND PRACTICE IN INTERNATIONAL COMMERCIAL ARBITRATION: SOURCES AND STRATEGIES, Oxford University Press, 2009. University of Missouri School of Law Legal Studies Research Paper No. 2009-05. 8 Pages Posted: 19 Mar 2009 Last revised: 3 May 2012.
It focuses on quantitative rather than qualitative empirical studies, and covers studies both of international commercial arbitration and international investment arbitration. The chapter first describes empirical research on the use of arbitration to resolve transnational disputes—in particular, the extent to which parties use arbitration ...
Despite the increasingly diversified discourses in international commercial arbitration, this device of socio-legal regulation remains a relatively under-theorized subject. In particular, far too little attention has been paid to analyzing international commercial arbitration through critical approaches such as Third World Approaches to International Law (TWAIL). TWAIL is broadly understood as ...
International Commercial Arbitration Please see the last page of this paper for the most recent research papers by our experts. Disclaimer This report is a copy right of Nishith Desai Associates. No reader should act on the basis of any state- ment contained herein without seeking professional advice. The authors and the firm expressly dis-
Law360 is a popular legal news and current awareness resource covering over 40 different practice areas, including international arbitration.The UIC law library's Law360 subscription allows users to receive daily newsletter alerts on legal topics of their choosing. Law360 is available from any on-campus computer or from off campus with proxy authentication (current UIC Law ID and password).
Research Assistance and Help with Related Topics. If you need assistance with international commercial arbitration research, visit the Research Help page of the Georgetown University Law Library's website. Or contact the Law Library's International and Foreign Law Department by phone (202-662-4195) or by email ([email protected]).
They may provide a good basic overview for your research. The Complete (But Unofficial) Guide to the Willem C. Vis International Commercial Arbitration Moot by Jörg Risse. Publication Date: 2015 (3rd ed.) The Culture of International Arbitration by Won L. Kidane. Publication Date: 2017.
This mainly concerns two conventions, namely the New York Convention (1958) and the European Convention on International Commercial Arbitration (1961). In the field of international arbitration, specifically the recognition and enforcement of foreign arbitral awards, these two conventions were historically preceded by two international treaty acts.
We released our flagship research paper titled 'International Commercial Arbitration: Law and Recent Developments in India' as part of the 'India ADR Week, 2021' organized by the Mumbai Centre for International Arbitration.Nishith Desai Associates was the knowledge partner and hosted the curtain raiser event - 'Indian Arbitration Law at a Glance'.The paper provides a broad ...
This mainly concerns two conventions, namely the New York Convention (1958) and the European Convention on International Commercial Arbitration (1961). In the field of international arbitration, specifically the recognition and enforcement of foreign arbitral awards, these two conventions were historically preceded by two international treaty acts.
for conducting international and domestic arbitration.10 Setting up of the Mumbai Centre for International Arbitration (MCIA): The MCIA was established in 2016 as an independent, not-for-profit organization to promote institutional arbitration in India. It provides a framework for the conduct of international and domestic commercial arbitration ...
Abstract. Arbitration is one of the ways to settle disputes. Compared to disputes between domestic entities, international business disputes shave extra problems including various jurisdictions, diverse legal systems and tradition, different procedures and often involving more than one language. The disputes arising out of commercial ...
In the columns below, you will find a selection of secondary sources that focus on narrower topics within the field of international commercial arbitration law.To locate additional resources from the Georgetown Law Library's collection, use the Advanced Search and select Law Library Catalog.Then select Subject as the search field and enter one of the following subject headings in search box:
The Adoption of the UNCITRAL Model Law on International Commercial Arbitration in Hong Kong. Coming into effect in June 2011, the Hong Kong Arbitration Ordinance Cap. 609 ("AO") established a unified legal regime for both domestic and international arbitration based on the international principles of the ML.
International Commercial Arbitration- India. 1. Introduction: With the advent of globalisation, the world has become a global village. Business organisations have expanded themselves beyond ...
In this paper, the prime position in dispute resolution is discussed. This paper examines and evaluates the International Arbitration Regime in India under 1940 and 1996 Acts, and also discusses the main concepts like arbitrator, arbitration agreement, arbitral awards, foreign awards, public policy etc. This paper also deals with recognition ...