Ciccu Mukhopadhyay
McDonald’s India has approached the Delhi high court seeking to enforce a 13 September London Court of International Arbitration (LCIA) partial award to appoint experts to value and sell estranged former managing director Vikram Bakshi's stake in the North and Eastern India local franchise of the fast food giant, reported Mint, the Economic Times and others.
The International Court of Arbitration (ICA) promoted its deputy counsel Abhinav Bhushan – the first Indian lawyer to have made it into the ICA – to regional director for South Asia
Breaking: The Supreme Court today overruled the doctrine laid down in its own year 2002 landmark Bhatia International v Bulk Trading SA & Anr case, which held that Indian courts had exclusive jurisdiction to test the validity of an arbitral award made in India even when the proper law of the contract is the law of another country.