News & Insights

The Arbitration and Conciliation Act, 1996 (���Act�۝) was enacted to have a unified legal framework for domestic arbitration, international arbitration and enforcement of foreign awards. This Act has been widely adopted from the UNCITRAL Model Laws. The UNCITRAL Model Laws emphasize on the party autonomy[1] by which the parties are free to choose the procedure for arbitration.

In daily parlance, certain words appear to be familiar, but their purport, import and subtlety need to be understood, which requires extensive knowledge, skill of interpretation and ability to grasp the context. A layperson may find it difficult to understand the subtlety and the nuances of the words, but such ignorance is not excusable for a professional, particularly for a practicing lawyer.

Increased globalisation and rapid moving operations have resulted in corporations leaving no stone unturned in attempting to match the demands of the global scenario. More specifically, the venture capital market has been encouraging Indian companies, start-ups to be precise, to align themselves with the world economy.

���The world�۪s most valuable resource is not oil, but data�۝ this was the title of an article published by the Economist in 2017.[1] This statement was made in the context of the explosive growth of the digital economy triggered by the advancement made in the realm of technology and internet. This has led to an exponential increase in the collection, analysis, and exploitation of data by large corporations.