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Aarna Law ADR Update/I/07 PASL v. GE Power – Setting the position on Indian Parties choosing Foreign Seat The Honourable Supreme Court in the case of PASL Wind Solutions Private Limited v. GE Power Conversion India Private Limited by a judgement dated 20 April 2021 made a ruling on whether an award passed In in…

Future v. Amazon – Setting the position on enforcement of Emergency Arbitration Awards In the Aarna Law ADR Update/I/03, we provided an overview on the validity and enforcement of emergency arbitration awards in India by covering developments in the Future v. Amazon saga that had transpired until 6 March 2021. In a recent development in…

On 23 March 2021, the Supreme Court in the case of Small-Scale Industrial Manufactures Association (Regd.) v. Union of India and others has ruled inter alia that there shall be no charging of compound interest, interest on interest or penal interest with respect to instalments which had not been paid by borrowers after availing the…

Amway India Enterprises Ltd. v. Ravindranath Rao Sindhia & Anr. This appeal arises out of a petition filed under Section 11(6) of the Arbitration and Conciliation Act, 1996 [“Arbitration Act”] by the respondents in the Delhi High Court for appointment of a sole arbitrator. As per section 2(1)(f)(i) of the Arbitration Act, a dispute would…

Aarna Law ADR Update/I/03 The Future v. Amazon story so far – 06/03/2021 Seeking Answers on the Validity and Enforcement of Emergency Arbitrations in Indian-Seated arbitrations The Jeff Bezos led US e-commerce giant, Amazon.com Inc (“Amazon”), is currently involved in a legal tussle with two renowned Indian entities, Future Retail Limited (“FRL”) and Reliance Retail…

V. M. Mathew v. National Highway Authority of India & Ors. Arb. A. No. 60 of 2018 Scope of Challenge Under Sec. 34 of The Arbitration & Conciliation Act In an order dated 25 January 2021 (V. M. Mathew v. National Highway Authority of India & Ors), the Kerala High Court concurred with the District…

On 12 February 2021, the lower house of the Indian pa rliament, the Lok Sabha, passed the Arbitration and Conciliation (Amend ment) Bill, 2021 (Bill 16 of 2021) (the “”Bill”) by voice vote. The Bill was introd uced to amend the Arbitration and Conciliation Act 1996 (the “Act”) in an aim to: i. address the…