The Arbitration and Conciliation Act, 1996 (“the Act”) provides for interim reliefs from both Courts and Arbitral tribunals. However, the latter has the authority to grant these reliefs only after its formation. Accordingly, both these procedures, under normal circumstances, have proved to be quite lengthy in nature. Thus, in order to provide urgent relief to the parties,…
Category: International Dispute Settlement Mechanisms
Limitation Period for Enforcing Foreign Awards: Is the Confusion Settled?
On September 16, 2020, the Indian Supreme Court in Government of India v. Vedanta Ltd (‘Vedanta’) settled the ambiguity regarding the applicability of the limitation period for the enforcement of foreign arbitral awards in India. In the year 2008, arbitral proceedings were initiated between Government of India (‘GOI’) and Vedanta Ltd., with Malaysia as the seat. Subsequently,…
Arbitration in Times of Restrained Social Relations Due to the COVID-19 Pandemic
The year 2020 will be remembered in history as the year in which humanity faced the COVID-19 pandemic. It seems that it will remain our day-to-day concern for some time with devastating effects on the economies of developed and developing countries all around the world. Another consequence of the pandemic is that many domestic judicial…
The Role of Arbitration in the US-China Trade War
Arbitration plays a background role in the US-China trade talks, but is it being used to its highest potential? The US-China trade war is the broad name given to a series of ongoing negotiations over mutual access to consumer markets and the onus of the trade deficit between The United States and China. After a…
The WTO’s Dispute Settlement Crisis
“The World Trade Organization is in crisis” is a statement that has practically become the new WTO motto. This particular global organization is comprised of 164 member states and was created on January 1, 1995. The provisional agreement and organization, the General Agreement on Tariffs and Trade (GATT) preceded the creation of the WTO. While…
