Disputes take place mainly because of dynamic business relations and transactions, geographical and cultural differences, increased complexities in technology and misinterpretation of regulations or responsibilities, regulatory changes enforced by the Government, property and family disputes as well as terms and conditions in a contract where differences in revenue sharing and cost calculations, change in ownership or management control are some of the instances that lead to a dispute between parties.
As regards Arbitration in India, the same is basically ad-hoc where parties make their own arrangements for selection of arbitrators and for designation of rules, applicable law, procedures and administrative support. However, there is now a change in the scenario with institutions like the Indian Institute of Arbitration & Mediation (IIAM), London Court of International Arbitration (LCIA) having set up shop which has resulted in the initiation of institutionalisation of alternate dispute resolution in India. Consequently Indian parties are increasingly seen opting for institutionalized arbitration to ensure the expeditious, cost effective and totally neutral administration of arbitration and other forms of ADR.
Our Litigation & Arbitration team consists of lawyers with significant experience in handling all types of dispute resolutions and is abreast of all the developments on this front. The team is enthusiastic in formulating innovative and comprehensive dispute resolution strategies so as to ensure that commercial objectives of the client are met while taking into account ground realities and the complexities of different legislations. The team has had the occasion to handle varied niche assignments in the field of arbitration and commercial litigations at the domestic as well as the international front. Our lawyers appear before the Supreme Court of India, High Courts of various states, Company Law Board (CLB), Securities Appellate Tribunal (SAT), Telecom Dispute Settlement & Appellate Tribunal (TDSAT), Debt Recovery Tribunals (DRT) and such other courts, tribunals and dispute resolution forums. Our lawyers also appear before various statutory authorities and government bodies such as Securities and Exchange Board of India (SEBI), Enforcement Directorate (ED), Reserve Bank of India (RBI), Insurance Regulatory & Development Authority (IRDA) and Competition Commission of India (CCI).