Tag: International arbitration
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How to recover foreign award debts in India through insolvency proceedings
In recent years, India has embraced a pro-arbitration approach, making international arbitration the preferred method for resolving disputes between Indian corporations and global entities.
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The Role of Arbitration and Mediation in Insolvency
Introduction In this article, Shreyas Jayasimha, Punthi Shah and Tushar Tyagi analyze how Alternative Modes of Dispute Resolution have been gaining traction across the world as an apt alternative to litigation, including with particular reference to India. Insolvency proceedings in recent times have clashed with such alternative modes of dispute resolution, especially arbitration. In this…
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Shreyas Jayasimha appointed to the Expert Committee
Aarna Law’s co-founder Shreyas Jayasimha has been appointed to the Expert Committee that will recommend reform to India’s Arbitration and Conciliation Act, 1996. The Expert Committee is tasked with reviewing the present law and providing recommendations to the Ministry of Law.
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Aarna Law participates in the SIAC Bengaluru Conference 2023
Last Friday, Aarna Law co-founder Shreyas Jayasimha participated in the SIAC Bengaluru Conference. He took part in an Oxford-style debate in which he argued that India could become a hub of international arbitration by opening its doors to foreign law firms. This is a subject he also covered in this recent blog post. Thank you…
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CTI Future Corporation v. Ducgiang Chemical & Detergent Powder Joint Stock Company
The Hon’ble Karnataka High Court pronounced a judgement which allowed parties foreign to Indian jurisdiction to enforce international commercial arbitration awards passed in countries that are a signatory to the NY Convention and that are reciprocating territories with India.
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India must embrace the benefits of an open legal market
The benefits of allowing foreign lawyers and law firms to open offices and practise foreign law in India far outweigh any concerns around such a development, says Shreyas Jayasimha, co-founder of Aarna Law.