
Lex Arbitri wishes all its readers a very warm, happy and prosperous New Year. We thank all of you for your support and trust. Hail 2011!
Discussions on Developments in Arbitration and Related Areas in India and Worldwide
At Lex Arbitri, particularly at Vindobona Junction we have tried partnering all the Vis participants in the wonderful and exciting journey of the Moot. Not to forget, the moot is considered to be the "Olympics" of international trade law and is one of the few moots reported at the UN.
As we had posted earlier on the IPL arbitration earlier which can be accessed here and here, following the “appeal” by BCCI in the Bombay High Court against the stay to the termination of its contract by the Board of Control for Cricket in India (BCCI), the court today upheld the order passed by Retired Justice B N Srikrishna, the single arbitrator. The single judge Bench of Justice S F Vazaifdar on 14th December dismissed the appeal filed by BCCI challenging the stay granted by the arbitrator and permitted Rajasthan Royals to participate in the IPL-4 auction that is to be held on January 8 and 9.
AIJA (Association Internationale des Jenues Avocats/International Association of Young Lawyers) was in India after a long gap of almost 2 decades for a conference. Last time it was there in 1988 & 1992. The conference which spanned for 2 days in Mumbai was on “International Business and Arbitration: Is India Still Different?” was attended by representatives of many national and international law firms and provided an apt platform for people to discuss the two most critical issues for the Indian judiciary and economy. The conference organized by the International Arbitration Commission of AIJA was divided into sessions with excellent speakers and experts as panelists. As the conference theme suggests, there was extensive discussion on Arbitration and Business scenario in India but this report would majorly cover sessions related to Arbitration. ![]() |
Ever wondered what the earliest arbitral awards looked like? This link has two of the oldest surviving arbitral awards in England, one from AD 19 and the other from AD 118. The script is illegible. However, translations have been added.
Since, this case promises to be a landmark judgment in current development of international arbitration revolving around the most fundamental concepts of arbitration such as the "principle of competence-competence", "parties to an arbitration agreement" and "enforcement of awards" which is very important for the beginners and advanced learners of arbitration alike, I shall try and put forth this case and issues involved in as simple and defined way as possible. ![]() |
| Both Islamic extremists and Islamophobes find this slogan attractive, though in different senses. |
![]() |
| A mooter's best friend |
In a previous post, I had discussed why India's ban on foreign lawyers pauses a threat to its emergence as an arbitration hub. A proposed legislation to enhance professional standards among Indian lawyers and protect the interests of their clients will knowingly or unknowingly remove the legal basis of the decision in Lawyers Collective v Bar Council of India which prohibited foreign lawyers from carrying on any law-related activity in India including the activities of liaison offices of foreign law firms.
We had published some updates regarding the arbitration of the dispute between India and Pakistan regarding Kishanganga hydroelectric project.
Arbitration is generally defined to mean the determination of disputes between parties by a person appointed or chosen by them (arbiter). It is thus an informal method of dispute resolution with flexibility in procedures and rules. As a method of dispensing justice, arbitration is not a modern phenomenon. The Western idea of private arbitration can be traced back to the Roman and Canon law. Arbitration as a dispute resolution mechanism was used in Common Law since the 14th Century. However arbitration and other methods of dispute resolution have become of considerable significance after the 19th Century, with the advent of trans-national trade and commerce and with a view to have speedy and inexpensive means of resolving grievances. Thus there is a clause for arbitration in most modern day trading contracts.
The Vis problem has been out for a while and it is time most universities decided who their team members are and most teams decided who is doing what. This post seeks to give some suggestions as to the strategic considerations to be kept in mind while deciding who is doing what in a Vis team.
Following the overwhelming reception that Vindobona Junction has received, Lex Arbitri is launching a new Section called 'Book of the Month'. In this section, we seek to introduce to our readers one book per month dealing with arbitration law or related areas. The readers, authors or publishers may nominate books by emailing deepakelanthoor@gmail.com.