An arbitral tribunal normally consists of either one or three arbitrators. In a three member, arbitral tribunal, the award may be passed by all the three arbitrators together or a majority award along with a dissent award. Normally, arbitrators meet ..
INTRODUCTIONEconomist Paul McCulley coined the term shadow banking in 2007 to explain the system of unregulated financial companies that operate outside the traditional banking system. �Unlike conventional regulated banks, unregulated shadow ba ..
This article contains various Compliance requirements under Statutory Laws. Compliance means "adhering to rules and regulations."Compliances under:1. Compliance Requirement Under Income Tax Act, 19612. Compliance Requirement Under Goods &am ..
How to Register LLP in India ?This article explains the complete step-wise procedure for registering an LLP in India. In upcoming sections, you will read details on exact process, documents needed for LLP registration, Form to be filed for LLP regist ..
All of us aware that Arbitrators have powers to grant pre-reference, Pendent lite and Post award interest to the awarded sum. But one of the challenges faced by the Arbitrators is the awarding of appropriate and legally sustainable pre- award, post a ..
MCA (ROC) Compliance CALENDARFor the month of April, 2019 ..
Arbitration scenario in India got a great enthusiasm on 23rd October 2015 because of the amendments brought in to the Arbitration and Conciliation Act,1996 (Hereinafter �the Act�. One of the major changes brought in by the said amendment ..
India is a Model law country and the procedural law of India, Arbitration and Conciliation Act,1996 (Herein after �The Act�) is enacted in the lines of the UNCITRAL Model Law[1]. In India, it is the settled law that a party can challenge ..
Non-Resident Indians often get confused when they have to face a situation of maintaining a savings account in India.Primarily, there are two reasons for opening such an account: NRIs want to repatriate overseas-earned money back to India and/orthey ..
If an Arbitration award is challenged by a party and consequentially is set aside in a petition filed under S.34 of the Arbitration and Conciliation Act,1996, the losing party has every right to initiate a fresh arbitration again. Delhi High Court wh ..
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