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Must Be Wary Of Unnecessary Judicial Interference At Every Stage Of Arbitral Process: Calcutta HC Upholds Arbitral Award In Favor Of Reliance Infra

In a landmark 255-page judgement, the Calcutta High Court has upheld an arbitral award in favor of Reliance Infrastructure (“RIL”), arising out of a deal struck with the Damodar Valley Corporation. ....

West Bengal , Uttar Pradesh , Harish Salve , Jaspreet Singh , Aarya Srivastava , Justice Shekharb Saraf , Justice Saraf , Labeeb Faaeq , Tanuj Singh , Urmila Chakraborty , Vineeta Meharia , Ratnanko Banerjee , Millia Dasgupta , Anirudh Goyal , Findings Of The Court , High Court , Damodar Valley Corporation , Calcutta High Court , Apex Court , Supreme Court , Reliance Infrastructure , Facilities Certificates , Conciliation Act , Senior Advocates Ratnanko Banerjee , Tilak Bose , Advocates Vineeta Meharia ,

Must Be Wary Of Unnecessary Judicial Interference At Every Stage Of Arbitration: Calcutta HC Upholds ₹1354 Crore Award In Favor Of Reliance Infra

In a landmark 255-page judgement, the Calcutta High Court has upheld an arbitral award of ₹1,354 crores in favour of Reliance Infrastructure (“RIL”), arising out of a deal struck with the Damodar. ....

West Bengal , Uttar Pradesh , Jaspreet Singh , Anirudh Goyal , Tanuj Singh , Urmila Chakraborty , Justice Saraf , Millia Dasgupta , Labeeb Faaeq , Justice Shekharb Saraf , Vineeta Meharia , Ratnanko Banerjee , Harish Salve , Aarya Srivastava , High Court , Calcutta High Court , Findings Of The Court , Apex Court , Supreme Court , Damodar Valley Corporation , Reliance Infrastructure , Facilities Certificates , Arbitral Tribunal , Conciliation Act , Senior Advocates , Tilak Bose ,

Calcutta High Court upholds ₹1,354 crore award in favour of Reliance Infra, says India in dire need of arbitration reform

The Court expressed concern that arbitration in India is being burdened by increasing judicial interference at every stage, which demotes India’s standing as a business-friendly destination. ....

Atanu Roychaudhrui , Anirudh Goyal , Shreyashee Das , Vineeta Meharia , Aarya Srivastava , Urmila Chakraborty , Justice Saraf , Rohit Banerjee , Labeeb Faaeq , Ratnanko Banerjee , Pushan Majumdar , Anjali Chandurkar , Sayan Dey , Amit Meharia , Millia Dasgupta , Subika Ray , Jaspreet Singh , Kanishk Kejriwal , Paritosh Sinha , Tanuj Singh , Damodar Valley Corporation , Reliance Infrastructure , High Court , Reliance Infra , Arbitration Act , Advocate Ratnanko Banerjee ,

Damodar Valley Corporation vs Reliance Infrastructure Limited on 29 September, 2023

Damodar Valley Corporation vs Reliance Infrastructure Limited on 29 September, 2023
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