Shaneen Parikh, Author at Kluwer Arbitration Blog

Delhi High Court Rules Third Party Funders Vital to Justice but Not Liable for an Adverse Costs Award

Shaneen Parikh, Amoga Krishnan (Cyril Amarchand Mangaldas)/June 6, 2023June 6, 2023 /1 Comment

The Delhi High Court has resoundingly acknowledged the viability of third-party funding (“TPF”) in providing access to justice for claimants in arbitrations. In a welcome judgment, the Court ruled that a funder was not liable for an arbitral award and therefore need not furnish security in the enforcement thereof. The Court said the funder could…

Foreign seat, India, Interim measures, New York Convention, Party autonomy, Public Policy

Party Autonomy Reigns Supreme: The Indian Supreme Court Rules that Two Indian Parties Can Choose a Foreign Seat of Arbitration

Shaneen Parikh, Surya Karan Sambyal (Cyril Amarchand Mangaldas) and Shalaka Patil/May 19, 2021May 20, 2021 /Leave a comment

In a landmark ruling in PASL Wind Solutions Private Limited v. GE Power Conversion,1)Special Leave Petition (Civil) 3936 of 2021 (arising out of GHC judgment dated November 11, 2020), Supreme Court of India Judgment dated April 20, 2021. India’s Supreme Court rejected the argument that the designation of a foreign seat between two Indian parties…