Reed Smith LLP’s Post

Delighted to share that the India Business Law Journal(Law.Asia) recently invited me to write a detailed analysis on the enforcement of foreign arbitral awards in India and what further steps need to be taken towards making India a global hub for International Arbitration. Do read. https://lnkd.in/dEuv4V_D #iblj #india #arbitration #internationalarbitration #disputeresolution #legaladvice #inhousecounsel #business #legalprofession #lawfirms #lawyers #legal #law #lawdotasia

India Inc plans to opt for domestic arbitration more to settle disputes. A survey of about 110 respondents, including general counsels, legal heads, and promoters, showed the intention to use domestic arbitration for both small and large disputes. Read more at : https://ow.ly/G53k50QYpIW #Arbitration | #IndiaInc | #DisputeResolution | #Business | #Legal | #Survey

🌐 Embracing the Future: Institutional Arbitration in India As legal professionals, we are witnessing a paradigm shift in the landscape of commercial litigation in India, and at the forefront of this transformation is the growing prominence of Institutional Arbitration. Institutional Arbitration offers a structured and efficient alternative to traditional litigation, providing parties with a streamlined dispute resolution process. Here are key reasons why it is poised to be the future of commercial litigation in India: 1️⃣Expertise and Specialization: Institutions bring together arbitrators with domain-specific expertise, ensuring a nuanced understanding of complex commercial disputes. This specialization enhances the quality and speed of decision-making. 2️⃣Efficiency and Timeliness: Institutional frameworks provide clear procedural guidelines, minimizing procedural bottlenecks. The result is a more time-efficient resolution process, crucial in the fast-paced world of business. 3️⃣Global Recognition: Institutions such as the Singapore International Arbitration Centre (SIAC) and the International Chamber of Commerce (ICC) provide global standards, instilling confidence in international stakeholders and fostering cross-border business relationships. 4️⃣Confidentiality and Privacy: Arbitration proceedings offer a level of confidentiality that is often not achievable in open court hearings. This aspect is particularly attractive to businesses seeking to safeguard sensitive information. 5️⃣Enforceability: Awards issued through Institutional Arbitration are enforceable both domestically and internationally, providing parties with a robust mechanism to ensure compliance. As legal professionals navigating the dynamic Indian business environment, embracing the benefits of Institutional Arbitration is not just a strategic choice but a necessity. It aligns with the broader global trend towards alternative dispute resolution mechanisms, fostering a conducive environment for commerce and investment. Let us actively engage in the dialogue surrounding the evolution of dispute resolution in India. The future is undoubtedly arbitration, and by understanding and championing this shift, we contribute to a more resilient and efficient legal ecosystem. #Arbitration #LegalInsights #CommercialLitigation #IndianLegalSystem 🏛️✨

Is arbitration truly transforming India's legal landscape? We recently published an article titled: The Conundrums of Arbitration: Key Challenges and Issues Read the full article HERE: https://lnkd.in/gS4xMiff Keep following MERAKI LEGAL, MUMBAI for more such insights. ---- #law #india #arbitration #law #mumbai #merakilegal

Compass shift from arbitration in India? Freny Patel of Law.asia has interviewed thought leaders Alok Jain, Vyapak Desai, FCIArb, Nicholas Peacock, Dhruv Suri, Kshama A. Loya of Dentons Link Legal, Antony R Julian, Amit Kathpalia, MRICS, FIE, FICCP, Sr PE, VIVEK NARAYAN SHARMA, Ddhurv Suri, Naresh Thacker and more in sharing their insights. #lawdotasia #arbitration #mediation #litigation #india #asia #lawyers #arbitrators #mediators https://lnkd.in/gspkVuKs

A balanced article giving all points of views - by Freny Patel, published in Law.Asia #adr #legal #Arbitration #mediation #constructiondisputes #constructionlaw #constructionclaims #construction #publicpolicy #law #constructionindustry #infrastructureprojects

Christmas came early for arbitration enthusiasts in India! A 7 judge bench of the Supreme Court of India has overruled a previous ruling, and stated that arbitration agreements contained in unstamped/ insufficiently stamped agreements are enforceable. This case will always occupy a special place in my memory, as I had the honour of working on this right after my call to the BAR. Would like to thank everyone involved in the hearing and Debesh Panda Garv Malhotra Naman Maheshwari Eshan A. Chaturvedi for giving me an opportunity to work on this case. Skywards Law #arbitration #internationalarbitration #india #law

Exploring Opportunities in Arbitration Law for Young Advocates in India. Arbitration law in India is rapidly evolving, offering a dynamic and promising field for young and new advocates. The Indian legal landscape has seen significant reforms, notably the Arbitration and Conciliation (Amendment) Act, which aims to make arbitration a preferred mode of dispute resolution by ensuring speed, efficiency, and fairness. For budding legal professionals, this presents several opportunities: 1. Growing Demand: With an increasing number of commercial disputes opting for arbitration over traditional litigation, the demand for skilled arbitration professionals is on the rise. 2. Specialized Knowledge: Young advocates can carve out a niche by specializing in arbitration law, offering expertise in drafting, negotiation, and the arbitration process itself. 3. Global Exposure: Arbitration often involves cross-border disputes, providing young lawyers exposure to international legal practices and standards. 4. Professional Development: Engaging in arbitration cases hones various skills such as critical thinking, problem-solving, and strategic planning, essential for a successful legal career. Embracing these opportunities can position new advocates as pivotal players in the evolving arbitration landscape in India. #ArbitrationLaw #LegalCareers #YoungAdvocates #IndiaLaw #DisputeResolution

Our Joint Managing Partner, Ms. Gunita Pahwa, shared her views in an #article published by Asian News International (ANI), titled 'How the arbitration sector will flourish with the launch of the Arbitration Bar of India'. Read more at - https://lnkd.in/eWRrqcGA S&A Law Offices #Arbitration #India #DisputeResolution #ArbitrationBar #GlobalArbitrationHub #LegalReforms

💡 LEGAL SPOTLIGHT ▪ India: Foreign Lawyers and Foreign Law Firms Permitted Entry in India ▪ ✨ On 10th March 2023, the Bar Council of India modified its rules for the registration and regulation of foreign lawyers and foreign law firms in India, thereby allowing them to practice foreign and international law and international arbitration matters. 💼 This includes corporate works like joint ventures, mergers, and acquisitions, drafting of contracts, and other related matters, based upon the principle of reciprocity in a well-defined, regulated, and controlled manner. 🚫 Appearance before any courts, tribunals, or other statutory or regulatory authorities, undertaking conveyancing of property, title investigation, or similar work, remains strictly prohibited. 🌐 Law practice based on a “fly in and fly out” basis for the purpose of giving legal advice to the client in India regarding foreign law can continue to be practiced by foreign lawyers or a foreign law firm without registration, provided they do not maintain an office in India and that the practice does not exceed 60 days in any period of 12 months. 📰 Read more here: https://lnkd.in/gTj6ycFU Barbara Gislason, Steven Richman, Catherine Peulvé, Laura Collada, Marie-Pierre Richard, Anne-Marie Villain #brevesjuridiques #juristeinternational #legalspotlight #brevesjuridicos #lawyers #uiapublications