Jan 24 2024

Representing the Tata group in a shareholders’ dispute against an Indian company

Representing the Tata group in a shareholders’ dispute against an Indian company and its foreign promoter. The ad hoc arbitration emanates from a shareholders’ agreement, a private side agreement and a guarantee. A court proceeding emanating from the arbitration resulted in the law being settled by the Supreme Court of India – That the amendment to Section 29A, i.e., time limit to issue an award would not apply to an international commercial arbitration, applies retrospectively, viz. even to ongoing arbitrations. 

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