Arbitration Award News

Companies

Delhi HC directs DMRC to pay Rs2,950 crore to Reliance Infrastructure unit

Delhi HC further directs DMRC to deposit Rs3,502.62 crore being 75% of the amount awarded under the arbitral award directly with project lenders

2 min read7 Mar 2018
Companies

Ranbaxy case: SC rejects plea by Singh brothers against Daiichi Sankyo’s Rs3,500 crore award

The Singh brothers, Malvinder and Shivinder, said they are now evaluating the option to challenge the majority arbitration award to Daiichi Sankyo in Singapore courts

1 min read17 Feb 2018
Industry

Docomo still holds 11.76% in Tata Teleservices Maharashtra

NTT Docomo continues to hold a stake in Tata Teleservices Maharashtra even as it settled the dispute with Tata Teleservices by getting a $1.2 billion arbitration award

2 min read1 Nov 2017
Industry

Tata-Docomo dispute settled as Tata Sons pays $1.27 bn arbitration award

The payment of the arbitration award is in accordance with the Delhi high court's decision regarding Docomo's stake in Tata Teleservices, says NTT Docomo

2 min read1 Nov 2017
Companies

Delhi HC directs DMRC to pay Rs60 crore as interest to Reliance Infra unit DAMEPL

The Delhi HC was hearing a case brought by the Reliance Infrastructure subsidiary DAMEPL seeking early payment of an arbitration award it had won against the DMRC

1 min read30 May 2017
Companies

Reliance Infra wins Rs2,950 cr arbitration award against DMRC over airport metro

The award to Reliance Infrastructure arm DAMEPL has been granted on the basis of termination provisions of a concession agreement with DMRC

1 min read11 May 2017
Companies

Daiichi case: Monetary enforcement against Singh brothers’ children challenged

A Rs2,562 crore arbitral award passed against Malvinder Singh and Shivender Singh cannot be enforced against their minor children, a lawyer told the Delhi High Court

1 min read5 May 2017
Industry

Tata Sons to seek CCI, tax department nod for Docomo payout

Tata Sons will seek the approval of the CCI, income tax department to remit $1.18 billion to estranged partner NTT Docomo to settle its long-standing dispute

2 min read2 May 2017
Industry

Tata-Docomo case: Delhi HC rejects RBI plea, clears $1.17 billion arbitration award

With Delhi HC rejecting RBI's plea, Tata Sons can now transfer the $1.17 billion arbitration award to Docomo, which will then transfer shares in Tata Teleservices to Tata Sons

3 min read29 Apr 2017
Industry

Delhi HC reserves verdict in Tata Sons- NTT Docomo settlement worth $1.17 billion

Delhi HC reserves its judgment in Tata Sons-Docomo dispute regarding enforcement of a $1.17 bn arbitral award, which has been opposed by the RBI

2 min read15 Mar 2017
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