Articles

Aishwaryasandeep

Enforcement of Foreign Arbitral Award

Table of Content :- Introduction Historical background Enforcement of Arbitral Award Procedure Jurisdiction Forum for Enforcement of Foreign Award Time Limit Conclusion Introduction An arbitral award refers to the decision of an arbitral tribunal, whether in a domestic or international arbitration, including any interim awards thereunder. In India, enforcement and execution of arbitral awards are…

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Application and Scope of Conciliation 

Introduction The term conciliation is not defined in the Arbitration and Conciliation Act. However, in simple terms, conciliation is a confidential, voluntary and private dispute resolution process in which a neutral person helps the parties to reach a negotiated settlement. This method provides the disputing parties with a chance to take into consideration options facilitated…

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DEVOLUTION OF JOINT RIGHTS

Devolution The term “Devolution” has a few different definitions. This legal term refers to the transfer of property that occurs as a result of a person’s death, bankruptcy, receivership, and/or liquidation of a corporation that holds an application or mineral title or an interest therein. The application or mineral title will be delivered to the…

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Pledge

Introduction Pledge is a type of special contract in the Indian Contract Act 1872. It comes under bailment but is quite distinct. In bailment, the owner delivers the good to another person for some purpose. When the objective is fulfilled the good is returned to the owner. The owner who delivers the good is called…

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Topic: What is Hawala?

Introduction An unstructured, unlicensed method of transmitting foreign cash within a nation is known as “HAWALA.” All with no documentation, checks, or transparency, this system functions and runs in a manner comparable to that of conventional financial institutions. Transfer is the English translation of the Arabic term hawala. “Hundi” is another name for it. Because it…

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Difference between Arbitration and Conciliation

Primary difference between arbitration and conciliation is that arbitration is the process by which parties select an independent person, who renders a decision regarding the case. Conversely, conciliation attempts to make parties come to an agreement, about the problem at hand. Industrial Disputes are always harmful to all stakeholders – employees, society, management, government, etc.…

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