On the night of February 21, 2024, the Union Cabinet, in a historic move, announced its decision to amend the Foreign Direct Investment (FDI) policy in the space sector, by creating new sub-sectors wi...
The Supreme Court of India in its recent judgments has attempted to clarify the position with regards to the place, venue, and seat of arbitration. However, the position still remains ambiguous and subject to the factual matrix and judicial interpretation. The Bombay High Court, Nagpur Bench in its recent judgment in Omprakash & Ors. v. Vijay Dwarkada Varma[1] W.P 4248/2019 has attempted to crystallize the conflicting position set out in various Supreme Court decisions and has given its own opinion on the subject. INDUSLAW’s Mohit Chadha, Vaishnavi Rao, and Prerna Sharma discuss.
