Arbitration

Govt must respect arbitral awards

Supreme Court questions Centre's prolonged resistance to enforcing arbitral awards, warning it could undermine trust in India's arbitration framework

Singapore court upholds a $490 million arbitration award against Tata Power over a failed joint bid for a Russian coal asset and rejects the company's natural justice challenge

Tata Power plans to challenge a $490.32 million Kleros arbitration award before Singapore's Court of Appeal after its earlier legal bid was dismissed

Recent treaties with the UAE and Israel point to shorter arbitration timelines and broader investment protection, even as India retains regulatory safeguards in sensitive areas

Reliance Industries argued before the Supreme Court that the Centre's allegations of unjust enrichment in the KG basin gas dispute are misplaced

Airline challenges Delhi High Court direction to deposit Rs 144.5 crore in long-running arbitration dispute linked to share transfer with Kalanithi Maran

Updated ICC Arbitration Rules from June 2026 aim to streamline global dispute resolution with faster procedures, stronger digital tools and greater procedural clarity

Emphasising the settled position of law, the court observed that the start of arbitral proceedings is a statutory event and does not depend on the initiation of any court process

The D1 and D3 fields, India's first major deepwater gas project, were seen as key to bolstering the country's energy independence when first developed

Under the settlement, Glocal will receive $37.5 million from UpHealth's liquidation and pay $10 million to acquire remaining equity, netting a $27.5 million gain

The Supreme Court refused to admit Zostel's plea against a Delhi HC order favouring Oyo in a stake dispute, advising it to file an appeal instead of a special leave petition

Delhi High court order's upheld in long-running dispute over transfer of shares to low-cost carrier's founder

Arbitration users worry over poor-quality awards and prolonged litigation; some propose allowing courts to modify awards, but this raises concerns over finality and judicial overreach

Taking note of the Arbitration and Conciliation Bill, 2024, a bench of Justices JB Pardiwala and R Mahadevan, remarked that it fails to address a long-standing legislative vacuum

The court realised that 212 out of 451 paragraphs of the award were taken directly from two earlier arbitration decisions where former CJI Justice Misra had also presided

The final outcome of all arbitral cases have gone in favour of the government; ironically, the finance ministry itself advised departments to exercise caution when challenging awards for larger cases

Vice President Jagdeep Dhankhar on Saturday said the provision of special leave petition was supposed to be a "narrow slit" but is now hurting the arbitral process due to its wide use. He also stressed on the need to have domain experts in arbitration cases, saying experts in varied areas can be utilised in handling complex matters involving commercial disputes. Addressing a conference on arbitration here, Dhankhar drew the attention towards the use of Article 136 and its impact on the arbitral process. "... Article 136 intervention was supposed to be a narrow-slit. The wall has been demolished with anything and everything under the sun, including what a magistrate has to do, what a session judge has to do, what a district judge has to do, what a high court judge has to do," he said. Article 136 of the Constitution allows the Supreme Court to grant "special leave" to appeal from any judgment or order. It is called as a special leave petition (SLP). Dhankhar said the "wall demolit

Nagar Palika had deposited the amount with the court the last month. Earlier, the court had issued a warrant for attachment of Bikaner House in New Delhi

Arbitration is an adversarial process. It relies on the parties to present facts and evidence before the arbitral tribunal for a decision