Expert Ethics in International Arbitration: The Indian Context
by Shivani Dewalla*
by Shivani Dewalla*
by Dr Amitesh Deshmukh*
The petitioner sought to be a fence sitter and waited for the Award to be passed and thereafter filed the present petition after a lapse of more than 9 months. In the meantime, the respondent already filed a petition under Section 34, and the Award has already been stayed on this aspect.
Delhi High Court has unveiled the Draft Arbitration Rules, 2023, inviting public feedback until 05-07-2025. The draft aims at streamlining arbitration procedures and enhancing institutional efficiency, laying down comprehensive filing norms, encouraging institutional arbitration, and more.
The core dispute between OYO and Zostel arose from a Term Sheet dated 26-11-2015, which proposed OYO’s acquisition of Zostel’s business. While Zostel claimed to have fulfilled its obligations and sought specific performance, OYO argued the Term Sheet was non-binding and lacked enforceable terms.