- First Published on Mondaq.com Introduction Alternate Dispute Resolution has been the most sought-after means for resolving disputes, especially in a world of transactions. Modern-day arbitration agreements have seen a great influx of parties incorporating provisions that require them to take certain steps before resorting to the adjudicatory process of Arbitration. Such clauses often described... Continue Reading →
Avoid using vague terms such as ’amicable negotiations, ‘best undertakings’ or ‘good faith’. The interpretation of these terms during the disagreement period could be manipulated.
Retail outlets spread over several states necessitates the presence of a mechanism to deal with variance in state legislation on the one hand, and outsourced management on the other. Retail companies may have an operational checklist, it is not possible to execute without a centralised software that has a bird’s eye view of the compliance.
Agama Law Associates partner Archana Balasubramanian shares her views on the opening of non litigous law practice to foreign law firms in an article by moneycontrol.com titled “Lawyers say foreign law firms' entry a balanced move, will boost pay”. Likely boost in lawyer salaries Archana Balasubramanian, partner at Agama Law Associates, said that the announcement comes on the... Continue Reading →
The high fee charged largely by ex-judge arbitrators has brought disrepute to the entire arbitration biome in India and led to the repulsion of arbitration in India as being a more favourable jurisdiction.
The current BRSR framework has been envisaged keeping in mind all the relevant factors from the viewpoint of stakeholders. However, there are certain grey areas which need immediate attention like the lack of sector specific information and straitjacket “yes/no” questions which could severely mislead a third party.
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