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Coming down heavily on Mumbai-based Avitel Post Studioz Ltd, the Supreme Court emphasised the need for early enforcement of the foreign award by the Singapore International Arbitration Centre (SIAC) without showing any further indulgence to Avitel Post Studioz, the award debtors.
The Delhi High Court bench comprising Justice Pratibha M. Singh held that the disagreements related to the partners business activities, whether conducted through the firm or the company, fall.
The UNCITRAL Model Law, established in 1985, has gained global recognition as a benchmark for arbitration laws, with more than 120 jurisdictions incorporating its principles