Tanmay Gupta, Associate Editor, Arbitration Corporate Law Review Amishi Aggarwal [i], Co-Author Introduction In CDM v. CDP as well as BTN v. BTP, Singapore courts recently affirmed that costs in cases of unsuccessful applications to set aside awards would be allocated on a party-and-party basis absent exceptional circumstances. In both cases, the default position in this regard in Hong Kong, which entails the imposition of a rebuttable presumption in favor of indemnity costs,

Amishi Aggarwal and Tejas Vijay Raghav[i] In its recent decision in ONGC v. Sime Darby, the Bombay High Court held that an order rejecting amendments to a set aside petition under Section 34 of the Arbitration and Conciliation Act, 1996 (“The Act”) cannot be appealed under Section 37(1)(c). Section 34 lays down the grounds for setting aside an award. During the pendency of a Section 34 petition, parties are generally free to amend the petition as long as the amendment does no

Anwesh Patnaik[i] Introduction Pre-Packaged Insolvency Resolution Process (‘PPIRP’) was recently introduced within Chapter III of the Insolvency and Bankruptcy Code, 2016 (‘Code). It was promulgated in light of the global economic recession caused by the pandemic induced lockdowns. The recession has led to a rise in corporate insolvencies. A total of 283 companies in India had been admitted to the Corporate Insolvency Resolution Process (‘CIRP’) in the second half of the past