arbitral award

A Wall Street arbitration panel has ordered JP Morgan to pay former employee Ryan Bodner $4 million in damages, plus interest, for wrongful termination. Bodner was fired over an expense submission for a business meeting at his home, which the bank allegedly mischaracterized as a party. The panel also recommended expunging the reason for his termination from his record.

India has once again rejected the Court of Arbitration formed under the Indus Waters Treaty. The External Affairs Ministry stated that India never recognized the court's establishment. Any proceedings or awards from this court are considered null and void. India's decision to keep the Indus Waters Treaty in abeyance remains unchanged.

IT giant Infosys has taken a US court route to recover dues. The company is seeking confirmation of a $5 million arbitration award against US investment firm 777 Partners. This award is for unpaid consulting services rendered by Infosys. The dispute resolution process involved the American Arbitration Association.

The Bombay High Court has officially disposed of the commercial appeal regarding the 2002 film 'Kaante', following a settlement between Pritish Nandy Communications and White Feather Films. As per the consent terms approved on April 21, 2026, Sanjay Gupta’s production house will pay a lump sum of Rs. 2.55 crore to PNC within 60 days. This settlement resolves a 2016 arbitration dispute that originally involved a claim of Rs. 3.52 crore. Failure to pay within the stipulated window will result in the resumption of original litigation proceedings.

Bombay High Court has quashed a Rs 1,524 crore IGST notice issued to Tata Sons. The court ruled that Docomo's withdrawal of UK court proceedings after a 2017 settlement did not constitute a 'supply of services' attracting GST. The demand was for damages paid to Docomo following disputes over a 2009 agreement.

In a recent ruling, the Delhi High Court dismissed SpiceJet and promoter Ajay Singh's bid to challenge a payment order of Rs 144 crore related to their ongoing dispute with Kalanithi Maran. Citing reasons such as the airline's financial strain and the geopolitical unrest in West Asia, the court also imposed a Rs 50,000 cost on the plaintiffs.

The 2026 World Cup will introduce two new disciplinary rules: players covering their mouths during confrontations could face red cards, and immediate dismissals will follow if players walk off the pitch in protest. These changes, prompted by recent incidents, aim to address player behavior and will be evaluated before potentially becoming permanent additions to global football regulations.

India's arbitration framework, designed for efficiency and autonomy, faces challenges from excessive judicial intervention. While the law mandates minimal court involvement, frequent interferences slow down proceedings, questioning arbitration's true independence. Upholding judicial restraint is crucial for arbitration to deliver on its promise of speed and finality.

Inter Kashi manager Antonio Habas expressed frustration after a 0-3 loss to Punjab FC in the ISL, citing deep club issues and potential unpaid salaries. Club insiders denied financial trouble, pointing instead to ongoing legal battles with Churchill Brothers over last year’s I-League title. Inter Kashi currently sit eighth in the ISL standings.