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alternate dispute resolution Tag

SURANA & SURANA > Posts tagged "alternate dispute resolution"

INTERPRETING DISPUTE RESOLUTION CLAUSES – A Liberal view

Keerthana B - Student Intern, Dispute Resolution Practice While considering commercial contracts and the business relationships borne out of them, on certain occasions, parties to the contract or agreement continue their business relationship even after the formal expiry of its term. In such scenarios, there is often a conundrum on if and could the parties be held accountable to fulfil their obligations under the continuous business relationship, despite the formal expiry of the term of the Contract and the mode of dispute resolution to be adopted in the scenario that the said Contract has an Arbitration clause. The question concerning the arbitrability...

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BINDING THIRD PARTIES TO ARBITRATION – THE NEW NORM?

BINDING THIRD PARTIES TO ARBITRATION – THE NEW NORM

Shweta Surana, Assessment Intern INTRODUCTION One of the most fundamental cornerstones of arbitration is consent.  It is by virtue of this unique characteristic of arbitration, that only those parties which consented to the arbitration agreement can be bound by the agreement and the resulting arbitral award.  However, like all things go, there exists an exception for this principle as well.   Sometimes, there are certain disputes that cannot be resolved without involving a third party to the arbitration.  At times like this, it is crucial to decipher whether there exists implied consent of the third party to be bound by the arbitration agreement....

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