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VOILA! LET’S ARBITRATE! BLOG POST-5: Send ‘EM THE NOTICE OF ARBITRATION.

LexForti

Since we have already understood the meaning of International Commercial Arbitration and the basic process of conducting any commercial arbitration, we can now start with how a party can invoke an arbitration clause when a dispute arises from a commercial contract.

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VOILA! LET’S ARBITRATE! BLOG POST-9:Award them with the Award!

LexForti

We have finally come to the that point for which we actually started to understand the complete process of International Commercial Arbitration. The Arbitration Award!! After considering all the written and oral submission of both the parties, the tribunal gives the much-awaited decision which is also known as Arbitral Award.

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Voila! Let’s Arbitrate! Blog Post-1: What Arbitration? Why Arbitration? How Arbitration?

LexForti

To point out the same, Y wrote a complaint letter to X stating the same and asked them to replace the damaged goods with the good ones. With this, they also asked X to compensate Y by giving them the discount of 10 Lakhs on the principal which has to be paid by Y as Y suffered a huge loss due to the delivery of the damaged goods.

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VOILA! LET’S ARBITRATE! BLOG POST-8: ARBITRATION PROCEEDINGS ABOUT TO HAPPEN!

LexForti

Now we have arrived to the most important part in the process of International Commercial Arbitration i.e., the Arbitration Proceedings. Since we have come this far, I think it is safe to say that Arbitration proceedings are very flexible in respect to the place, time and procedure decided.

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VOILA! LET’S ARBITRATE! BLOG POST-4: ARBITRABILITY BEFORE ARBITRATION.

LexForti

Before initiating any arbitration process, there is a need to understand and figure out whether the subject matter of the dispute is Arbitrable or not. Till this day, the courts as well as tribunal have given multiple opinions about the arbitrability of various disputes. In the case of N. Radhakrishnan v.

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VOILA! LET’S ARBITRATE! BLOG POST-7: ARBITRATORS AND THEIR APPOINTMENT

LexForti

So today we are going to talk about the appointment of arbitrators in an International commercial arbitration. In any kind of Arbitration with its seat in India, parties are free to agree on a procedure for appointing the arbitrator according to Section 11 of the arbitration and conciliation act 1996.

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Evolution and Process of International Commercial Arbitration in India

LexForti

Mr X and Mr O had come into an agreement and signed a contract wherein Mr X had to deliver a decided quantity of goods to Mr O on a decided time. However, on the day of the delivery, instead of delivering the goods, Mr X one-sidedly revoked the contract due to some technical errors in the demands of Mr O.