Justice Rajesh Bindal highlighted the lack of data on arbitration in India as a major obstacle to effective policy-making, calling for better record-keeping by arbitral institutions. He also emphasized the need for reduced judicial interference in arbitration awards and suggested creating a separate arbitration bar for specialized legal practices.
The Law Ministry is seeking detailed data on arbitration cases involving the Indian government to evaluate current practices and explore amendments to the Arbitration and Conciliation Act of 1996. This request includes specifics like case value, arbitration seat, advocates involved, and fees, aimed at enhancing dispute resolution efficiency and identifying improvement areas.
On Friday(13th Sept), Chief Justice DY Chandrachud highlighted the growing role of young Indian lawyers in arbitration, moving away from the traditional preference for retired judges. Speaking at a Supreme Court conference, he noted that this shift reflects India’s expanding legal talent pool, including women, in the field.
Today, On 13th September, At the inauguration of the Permanent Court of Arbitration’s India office, Chief Justice DY Chandrachud emphasized the need for specialized judges due to the increasing arbitration-related litigation. The Supreme Court of India and the PCA celebrated their anniversaries together, highlighting the convergence of two prestigious legal institutions. Various legal dignitaries delivered insightful speeches on their institutions’ historical evolution and future directions.
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The Supreme Court Yesterday (Aug 29) highlighted the importance of private investment in a country’s progress and the role that arbitration plays in promoting such progress. A Constitution Bench Led by CJI DY Chandrachud said that the arbitration process has to be fair to inspire the confidence of private investors.
Today(on 22nd August), The Delhi High Court appointed a sole arbitrator to resolve the dispute between Ashneer Grover and BharatPe on allegations of confidentiality breaches. The court ruled in favor of BharatPe, proceeding the arbitration under the Delhi International Arbitration Centre. The involvement of a sole arbitrator is expected to bring clarity to the contentious issues.
The Supreme Court of India held a full court session to honor Senior Advocates M C Bhandare and Vimlesh Kumar Shukla, who recently passed away. Both distinguished legal personalities made significant contributions to the field, with Bhandare serving as a Rajya Sabha Member of Parliament and Governor of Odisha, and Shukla excelling in constitutional law and commercial litigation. The legal community paid their respects, praising their legacy and commitment to justice. This event served as a tribute to their esteemed reputation and ongoing influence in the legal profession.
On Tuesday(11th June),The Union Law Ministry, under Law Minister Arjun Ram Meghwal, has finalized the National Litigation Policy to expedite case resolution and improve the legal system. The policy aims to address pending cases, enhance arbitration, and reduce legal costs. Meghwal also highlighted the imminent enforcement of three new criminal laws and emphasized the importance of incorporating new technologies in the legal system.