The campaign by the National Legal Services Authority (NALSA) and the Supreme Court’s Mediation & Conciliation Project Committee (MCPC) aims to amicably settle at least two lakh cases before it concludes on 30 September.
Terming them 'criminal wastage' of judicial time, SC tells courts to invoke suo motu powers in cases where legal firms or counsel design arbitration clauses that deliberately misguide.
The India International Arbitration Centre chairman believes process of arbitration needs to be institutionalised so arbitrations become effective alternative dispute redressal mechanism.
It is not clear whether the arbitration route has reduced the propensity of the government, or the private entity for that matter to litigate once it loses its case.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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