Justice Surya Kant highlights how India is reimagining arbitration to suit a dynamic, multipolar legal order, positioning itself as a rising global leader in dispute resolution.
Law Minister said institutional arbitration aligns with Indian culture and must be encouraged. He added, “India would soon become a leading hub for such arbitration,” highlighting the country’s growing role in global dispute resolution systems.
Top Indian legal experts emphasize the need for arbitrators to act cautiously and fairly when fraud is suspected, even if not formally raised. Discussions highlighted the importance of procedural steps to balance efficiency with due process. The integrity of arbitration is crucial, especially in cases involving significant public funds and potential collusion.
Speaking at the LCIA International Arbitration Symposium in London, CJI B R Gavai said India’s role in global arbitration has evolved remarkably. “India has moved from ‘interventionist uncle’ to ‘supportive elder cousin’ in the global arbitration family,” he said, highlighting judicial maturity and restraint.
The Delhi High Court has issued a contempt notice to BluSmart, Gensol, and others for allegedly violating a court order regarding 10 Tata Tigor EVs. Shefasteq claims the companies obstructed efforts to locate the vehicles and failed to provide required information. Legal proceedings involving Gensol have escalated amid serious allegations from SEBI.
The Delhi High Court has prohibited Gensol and BluSmart from transferring rights over 175 leased EVs from Orix due to payment defaults and regulatory issues. Orix requested this order amid claims of contract violations. Additionally, Gensol faces scrutiny from SEBI for governance breaches, impacting investor confidence and stock stability.
NEW DELHI: 4th April: The Supreme Court of India has suggested that the Delhi High Court should reconstitute its committee for Senior Advocate designations and conduct the process again. This new process should also include candidates whose applireconstitute its Senior Advocate design committeecations were rejected or deferred in the last round of selections in November 2024.
Justice Gerard Hogan of the Irish Supreme Court visited India’s Supreme Court, observing proceedings and discussing constitutional similarities with Chief Justice Sanjiv Khanna. CJI Khanna praised Hogan’s legal contributions, particularly in mediation. Hogan’s visit, which includes a trip to the International Arbitration Centre, highlights international legal collaboration, especially in mediation and arbitration.
Supreme Court Justice N Kotiswar Singh highlighted the lack of expertise among judges in handling commercial cases. He emphasized that judges are generalists, not specialists, making it challenging to deal with complex commercial disputes. Speaking at a legal event, he stressed the need for specialized training to improve judicial efficiency. His remarks underscore the importance of reforming commercial courts for better dispute resolution.
The recent controversy surrounding Justice Yashwant Varma of the Delhi High Court has exposed deep-rooted corruption in the Indian judiciary, challenging the belief that judges cannot be wrong. Despite past allegations and investigations, significant reforms are needed to enhance accountability and restore public trust in the judicial system.
