Tata-docomo Case

Capital controls undermine arbitration potential

Arbitration awards often require the losing party to pay the winning party

Tata Sons to seek CCI, I-T nod for DoCoMo payout

Last week, Delhi High Court rejected the Reserve Bank of India's objections in the Tata-DoCoMo case

The Tata-Docomo lesson

Rules cannot be applied retrospectively

Tata-DoCoMo case: What can RBI do

Dismissing RBI's objections, the Delhi HC upheld the settlement agreement between the two firms

Tata-Docomo case: Here's how Delhi HC order will help similar stalled deals

Delhi High Court judgment clearing the Tata-Docomo transaction will have far-reaching consequences

Tata-DoCoMo case: Delhi HC okays $1.18-billion damages, rejects RBI's plea

Upholds settlement to realise London Court of International Arbitration's award in favour of DoCoMo

Delhi HC reserves judgment on $1.18 bn Tata-DoCoMo arbitration award

The Delhi High Court on Wednesday reserved its judgment on the enforcement of the $ 1.18 billion Tata Sons-NTT Docomo arbitration award, sought to be realised by the Japanese telecom company in line with a settlement agreement arrived at between the two groups. Justice Muralidhar's decision came on the backdrop of lengthy arguments by the RBI, which has opposed the enforcement of the award on grounds of violations to Indian law and disregard of regulatory considerations.In Wednesday's hearing, the central bank once again highlighted the issue of violations to public policy involved with the realisation of the award, even if Tata had decided not to oppose it. According to the RBI, the agreement, through which DoCoMo had received a favourable ruling in the London Court of International Arbitration (LCIA) was a void agreement and could not be issued in terms of damages. Questioning the authority of the RBI to intervene, the court instead asked the RBI under what provision of law it was ..

Delhi High Court gives RBI one more day to finalise stand on Tata-DoCoMo arbitration award

The Delhi High Court on Tuesday allowed the Reserve Bank of India (RBI) a further day to finalise its stand on the enforcement of the $ 1.18 billion Tata Sons-NTT DoCoMo arbitration award, now sought to be realised in favour of the Japanese telecom major through a settlement agreement arrived at by the two companies.On March 8, Justice Muralidhar had directed the RBI to inform the court by March 14, of its stand on an intervention application filed by the central bank against the enforcement of the international arbitral award. The court's order had come on the backdrop of lengthy arguments made by the RBI on grounds of violations to Indian law and the disregard of regulatory considerations, which in the opinion of the banking regulator, were attempting to do something that was not permitted directly in an indirect manner. After hearing the arguments raised, the court had on that date, asked the RBI to take a final call on the matter and to inform the bench on all applicable laws in ..

RBI opposes Tata-DoCoMo settlement

The Delhi High Court on Wednesday directed the Reserve Bank of India (RBI) to decide by March 14, its position in the $1.18 billion arbitration award now sought to be enforced by Japanese telecom major NTT Docomo, in line with a settlement agreement reached with Indian conglomerate Tata Sons.Justice Muralidhar's order came on the backdrop of detailed arguments made by the RBI against a joint application by Docomo and Tata on February 28, requesting the court to allow the terms of the settlement reached at by the two companies and enforce the June 22, 2016 London Court of International Arbitration (LCIA) award in favour of Docomo. After beginning with vehement objections to the settlement agreement, RBI advocate C Mukund ended the hearing on what could be the first signs of thaw in the banking regulator camp by stating that he would "endeavor to close the matter."Mukund's arguments, which were received by the court with stern skepticism, revolved around how the LCIA arbitral award had .

Tata-DoCoMo split may leave Japanese firm with $790 mn to invest in India

NEW DELHI (Reuters) - Tata Sons will split a dispute settlement payment of $1.18 billion owed to NTT DoCoMo <9437.T> over the Japanese firm's exit from a telecoms joint venture, leaving it with about two-thirds of the amount to invest in India, a source said.

Tata, DoCoMo to bury the hatchet, but RBI hurdle remains to be cleared

Settlement terms clear the way for the payment of $1.18 bn, already deposited by Tata Sons.

HC seeks RBI clarification in Tata-DoCoMo case

Court also asks Tata for alternative solution; next hearing on Dec 21

Delhi HC allows RBI to intervene in Tata-NTT DoCoMo case

Award is the result of two-year tussle between the two firms over their failed JV, Tata Teleservices, in which DoCoMo holds 26%

DoCoMo case: Tata Sons moves London court

NTT DoCoMo contests Tata Sons' desire to pay

Tata Group move London Court to set aside ex-parte order by NTT

LCIA in June had ordered Tata Sons to pay Docomo $1.17 billion in compensation for breaching an agreement on India joint venture

Tata Sons moves Delhi HC against $1.17-bn award

The affidavit further highlights the enforcement of the LCIA award would be in contravention of Indian law and public policy

DoCoMo ripples in power corridors as Cyrus Mistry meets 3 ministers

Govt officials and Tata execs called the meetings with ministers a 'courtesy call'

Legal challenges and implications of the Tata-Docomo case

The twists and turns in the Tata-Docomo case have raised questions over the enforceability of international arbitration award in India