Page-2 of Arbitration Current Affairs, GK & News
Investor-State Dispute Settlement mechanism is a system which allows individual companies to sue countries for their discriminatory practices. The practice came to light through the Philip Morris v. Uruguay Case under WTO. It is an instrument of public international law whose provisions are defined by a number of bilateral investment treaties. ISDS is also associated ..
Topics: Arbitration • Bilateral investment treaty • Bilateralism • Economy • Foreign direct investment • International arbitration • International Centre for Settlement of Investment Disputes • International investment agreement • International Relations • Investor-state dispute settlement • Transatlantic Trade and Investment Partnership • World Trade Organization
The Union Cabinet approved the Arbitration and Conciliation (Amendment) Bill 2018 to be put before the Parliament in order to amend the 1996 Act. It is a part of the efforts of the Government to encourage institutional arbitration for settlement of disputes and make India a centre of robust Alternative Dispute Resolution (ADR) mechanism. The ..
Topics: Alternative dispute resolution • Arbitral tribunal • Arbitration • Arbitration and Conciliation Act • Australian constitutional law • Courts • Dispute resolution • International arbitration • Law • mediation
The high level committee under the Chairmanship of Justice BN Srikrishna has recently submitted its on review of the Institutionalization of Arbitration Mechanism in India. The committee has recommended for setting up an Autonomous Body, Arbitration Promotion Council of India (APCI) having representatives from all stakeholders for grading arbitral institutions in India. The APCI may ..
In a notable development World Bank has taken cognizance of the growing development and has paused the processes initiated by both India and Pakistan in favour of alternate solutions which are in line with the spirit of Indus Water Treaty. The solutions offer alternative paths to resolve all the disagreements which fall under the Treaty ..
Lok Sabha passes grants of Rs. 25,707 Crore and Appropriation bill Lok Sabha passed the Supplementary demands for Grants of Rs. 25,707 Crore and the relevant Appropriation bill by a voice vote As per the Finance Minister Pranab Mukherjee, supplementary grants needed because of the augmented expenditure on the various counts MPLAD schemes besides the hike ..
Category: Government Schemes Current Affairs
Topics: Arbitration • Comptroller and Auditor General of India • Court of Arbitration for Sport • Delhi • Government of India • Herschel Space Observatory • Indian Olympic Association • Lok Sabha • Railway Ministers of India • Spacecraft • Suresh Kalmadi