Recently, the Delhi High Court in Ovington Finance Pvt. Ltd. v. Bindiya Nagar held that the court for the purpose of extension of an arbitral tribunal’s mandate is the court that appointed the arbit...
Published On: 01/12/2015
Practice Area: Dispute Resolution
Authors:
Ran Chakrabarti
Lomesh Kiran Nidumuri
Ray Vikram Nath
Avinaash Singh Gautama
Last month, the Government of India passed the Arbitration and Conciliation (Amendment) Ordinance, 2015 (the "Ordinance") amending the Indian Arbitration and Conciliation Act, 1996 (the "Act") with a view to generally restrict the courts from challenging an arbitration award. This article highlights the key provisions of the Ordinance and its likely effect on the dispute resolution landscape in India.
