Introduction of “The Commercial Division and Commercial Appellate Division of High Courts and Commercial Courts Bill, 2015

Posted On & filed under Legal Articles.

corporate law

 On 27th April 2015, the Union Cabinet has approved to introduce a Bill, “The Commercial Division and Commercial Appellate Division of High Courts and Commercial Courts Bill, 2015″ in the current session of Parliament. The salient features of the proposed Bill are as under: ‘Commercial dispute’ is defined broadly to mean dispute arising out of… Read more »

More arbitration centres for commercial disputes planned

Posted On & filed under Legal India.

Union Law Minister M. Veerappa Moily Monday said that the central government was looking at setting up arbitration centres for commercial disputes in every metropolitan city in the country. Speaking during a ceremony in Panaji, marked to unveil India’s first international arbitration outside the national capital, Moily also made a pitch for a paradigm shift… Read more »