Dispute resolution

CBDT Amendment in Order No. 1/FT&TR/2013 dated 13th Aug 2013

ORDER In exercise of powers conferred by clause (a) of sub-section (15) of Section 144C of theIncome-tax Act, 1961 (43 of 1961) r/w Income-tax (Dispute Resolution Panel) Rules. 2009, as amended by Notification No. 33/2012 (F.No. 133/13/2012-SO(TPL)/SO 1967 (E), dated 24-08-2012, and in partial modification to Order No.l/FT&TR/2013 dated 13.08.2013, the Central Board of Direct Taxes hereby constitutes the Dispute Resolution Panel… Read More

Tags: BangaloreChennaiDelhiDispute resolutionIncome taxMumbaiPuneTaxation in India

PM directs Planning Commission to formulate Draft Bill on Dispute Resolution in Public Contracts

The Prime Minister has tasked the Planning Commission to formulate a draft Bill on Dispute Resolution in public contracts in consultation with all stakeholders and Ministries. Dispute resolution in large public contracts is an area of growing concern and the Prime Minister has initiated the first steps in improving the institutional arrangement for dispute settlement.… Read More

Tags: ContractDispute resolutionIndiaInstitutionPlanning CommissionPPPPublic–private partnershipPurchasing power parity

In order to recover foreign arbitration award, a Company’s name can be restored

Ratio of the Case: Merely because a financial loss would be suffered by the appellant qua the arbitration Awards which had been passed against him would not entitle him to come under the exception seeking a refusal of the restoration of the company. CLR Editorial Note: The appellant was aggrieved by an order wherein an… Read More

Tags: AppealArbitral tribunalArbitrationArbitration awardCivil procedureDispute resolutionLawSingapore

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