India: Arbitration in India and Singapore: Practitioners’ Views

16/Apr/2021, 9:30 AM, Authored by Hiroo Advani & Kelvin Poon

Courts in India and Singapore have taken a pro-arbitration stance with a strict adherence to the principle of non-interference with arbitral awards. They have also taken proactive steps to ensure their speedy execution. This contributes to the two countries’ credentials as arbitration-friendly regimes.

Validity Of An Arbitration Agreement In An Unstamped Agreement: A Step Forward

3/Feb/2021, 12:50 PM, Authored by Hiroo Advani & Mahi Mehta

The Apex Court on 11 January, 2021 took a giant progressive leap towards developing a more liberal arbitration regime in the country by holding that non-payment of stamp duty would not invalidate the arbitration agreement. A bench comprising of Hon’ble Dr. Justice D.Y. Chandrachud, Justice Indu Malhotra and Justice Indira Banerjee in the matter of N.N. Global Mercantile Pvt. Ltd v. Indo Unique Flame Ltd. & Others1 has interestingly referred the issue ‘whether non-payment of Stamp duty on Commercial Contract will invalidate an Arbitration Agreement’ to be authoritatively settled by a Constitution Bench.