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Will follow court order in RIL arbitration case: Oil Min

Sep 24, 2015

Will follow court order in RIL arbitration case: Oil Min

While dismissing the ministry's plea, the apex court had on Tuesday termed it as "an abuse of the process of the Court" as the issue had been settled twice before #Arbitration #Oil & Gas #MoPNG #Oil Secretary Kapil Dev Tripathi
Pay up: GMR seeks $803 mn from Maldives for termination of airport contract

Nov 21, 2014

Pay up: GMR seeks $803 mn from Maldives for termination of airport contract

The Concession Agreement was wrongfully repudiated by the government of the Island nation and MACL and on November 29, 2012 arbitration proceedings were initiated by the Government and MACL themselves seeking a declaration that the Concession Agreement was void ab initio, GMR said. #GMR #Arbitration #Male International airport #wrongfully repudiated #island nation #MACL #$803 mn
Bombay HC judgment in Vodafone case will help Nokia: Pranab Mukherjee

Oct 14, 2014

Bombay HC judgment in Vodafone case will help Nokia: Pranab Mukherjee

The issue of transfer pricing - transaction prices between separate entities of large firms - has generated much heat in India involving MNCs operating here such as Vodafone, Shell, WNS and Nokia.
#India #Nokia #Pranab Mukherjee #Vodafone #CBDT #Transfer pricing #Bombay High Court #Tax #IT #Arbitration
It's time for Indian courts, tribunals to start getting specialist judges

Oct 05, 2014

It's time for Indian courts, tribunals to start getting specialist judges

It is not as if the idea of specialist judges is novel. Our High Courts and the Supreme Court already divide their work among the judges in such a manner that one's forte is brought to the fore #India #Supreme Court #Courts #Arbitration #judges #High Courts #tribunals
IMF chief charged with negligence part of graft probe in France

Aug 27, 2014

IMF chief charged with negligence part of graft probe in France

The shock announcement came a day after she was grilled by a special court in Paris that probes cases of ministerial misconduct, the fourth time she has faced such questioning. #IMF #NewsTracker #International Monetary Fund #Christine Lagarde #Bernard Tapie #Adidas #Arbitration #negligence #Corruption probe #Stephane Richard #Credit Lyonnais
Jindal Steel wins $22.5 million arbitration against Bolivian company

Aug 24, 2014

Jindal Steel wins $22.5 million arbitration against Bolivian company

Jindal commenced arbitration before the International Chamber of Commerce (ICC) of Paris and sought recovery of USD 18 million principal, plus interest, related to the illegal encashment of the bank guarantees. In an award dated August 6, 2014, the ICC Tribunal agreed granting principal plus interest for a total in excess of $22.5 million, the company said.
#Bolivia #Arbitration #Jindal Steel
CWG 2010: Organising committee, swiss co get SC nod for arbitration

May 29, 2014

CWG 2010: Organising committee, swiss co get SC nod for arbitration

As per the petitioner, OC defaulted in making the payment without any justifiable reasons while the OC has denied this saying that no efforts were made by the firm to resolve the dispute. #Suresh Kalmadi #NewsTracker #Organising Committee #Common Wealth Games #Arbitration #Common Wealth Games 2010 #Swiss Timing Limited
FinMin moves Cabinet to withdraw from conciliation talks with Vodafone

May 12, 2014

FinMin moves Cabinet to withdraw from conciliation talks with Vodafone

Last year in June, the Cabinet had approved conciliation with Vodafone to resolve the capital gains tax dispute related to its 2007 acquisition of Hutchison Whampoa's stake in Hutchison Essar. #India #Vodafone #NewsTracker #Arbitration #Central Government
Govt to defend Vodafone's arbitration notice, says Chidambaram

May 08, 2014

Govt to defend Vodafone's arbitration notice, says Chidambaram

Vodafone said on Wednesday it had started international arbitration proceedings against the Indian government since both sides have been unable to find "amicable means of resolving the dispute". #India #Vodafone #NewsTracker #Arbitration #Central Government