Business Standard

From arbitration award to power arrears, here're the key court orders

An international arbitration wound its way through four courts in India, and two times in the Supreme Court, lasting two decades before ending last week at the apex court

Govt starts talks on using services of private third party arbitrators
Premium

The Supreme Court has ruled an employer has the right to withhold the gratuity of an employee during the pendency of the disciplinary action even if he has retired.

M J Antony
Long road to enforce arbitration award

An international arbitration wound its way through four courts in India, and two times in the Supreme Court, lasting two decades before ending last week at the apex court. The story indicated the alternative “speedy” route could be little better than civil litigation. Involved in this long saga were American corporation Centrotrade Minerals & Metals and state-run Hindustan Copper (HCL). The foreign company sold copper concentrate to the Indian company but disputes arose over the quantity of deadweight. The executability and jurisdiction of the award were argued in the district court of Khetri in Rajasthan,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in