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Palak Nagar

Principal Associate in the Dispute Resolution Practice at the Noida office of Cyril Amarchand Mangaldas, Palak focuses on and specializes in disputes emanating from infrastructure and engineering contracts, insolvency litigations, white collar crimes as well as other corporate and commercial litigation. She advises and represents a wide range of domestic and international clients across numerous sectors including FMCG, Manufacturing, Infrastructure and Construction, Oil and Gas, Technology, Media and Telecommunication (TMT). She can be reached at palak.nagar@cyrilshroff.com

No Turning Back: Supreme Court’s HCC v. BRPNNL Ruling Shuts the Door on Arbitration Sabotage

Summary: The Supreme Court’s landmark ruling in HCC v. BRPNNL has reset India’s arbitration landscape by emphasising that Section 11 appointments are definitive and not subject to further review, thereby slamming the brakes on procedural sabotage. In a case where three years of hearings were derailed by a belated challenge, the Hon’ble Supreme Court reaffirmed that arbitration agreements must be honoured, defects in appointment mechanisms must be cured without killing the clause, and participation without timely objection amounts to waiver. By insulating advanced arbitrations from endless detours, the judgment restores speed, reliability, and commercial focus to India’s dispute resolution framework, especially vital for the construction sector where delays and escalation claims are endemic.Continue Reading No Turning Back: Supreme Court’s HCC v. BRPNNL Ruling Shuts the Door on Arbitration Sabotage

A closer look at whether tighter security means better roads or fewer bidders

Barriers or Bridges? Unpacking India’s 2025 APS Mandate and its Ripple Effect on Road Projects

Summary: India’s 2025 APS Circular marks a pivotal shift in public procurement, tightening financial safeguards against underbidding in road projects. By mandating tiered performance securities for bids even marginally below estimated costs, the policy aims to enhance accountability and execution quality. However, its one-size-fits-all approach risks sidelining efficient contractors, inflating bid prices, and dampening competition. A more calibrated framework—with capped guarantees, milestone-based deposits, and carve-outs for proven performers—could transform APS from a blunt compliance tool into a strategic enabler of innovation, fiscal discipline, and infrastructure excellence.Continue Reading Barriers or Bridges? Unpacking India’s 2025 APS Mandate and its Ripple Effect on Road Projects

Dissolved but Not Defeated: How Struck-Off Companies Enforce Arbitral Wins

Summary: When a company is struck off from the Register of Companies (ROC), it is deemed dissolved under the Companies Act, 2013, but this does not nullify its legal rights, including those arising from arbitral awards. The Arbitration and Conciliation Act, 1996, does not recognise striking off as a ground to set aside or resist enforcement of an award. Section 250 of the Companies Act explicitly allows dissolved companies to continue operating for the purpose of realising dues and settling liabilities. Indian courts, including in Exotic Buildcon, Value Advisory, and AB Creations, have affirmed that arbitral awards remain enforceable even if the company is struck off, provided it is restored to the register. Restoration retroactively validates the company’s existence, enabling it to pursue claims and enforce awards, making dissolution a procedural pause rather than a termination of justice.Continue Reading Dissolved but Not Defeated: How Struck-Off Companies Enforce Arbitral Wins

Arbitration Timelines in India “Justice delayed is justice denied — but what if delay is disguised as procedure?”

Summary: In Krishna Devi v. Union of India, the Supreme Court held that the limitation period to challenge an arbitral award begins when a party becomes aware of the award — not when formal notice is received. This ruling curbs delaying tactics and prioritises substance over procedure. Though rooted in the 1940 Act, it signals a shift in interpreting timelines under the 1996 regime, urging parties to act on knowledge, not wait for paperwork.Continue Reading Knowledge Over Notice: Rethinking Arbitration Timelines in India “Justice delayed is justice denied — but what if delay is disguised as procedure?”

Expert Witnesses in International Arbitration: Untangling Complexity or Adding to the Cacophony?

Summary: This article examines the role of expert witnesses in international arbitration, highlighting their potential to clarify complex technical issues and assist tribunals in decision-making. However, it also critiques the challenges posed by party-appointed experts who may lack neutrality, and tribunal-appointed experts who may overstep their roles. The article discusses how expert reports often become overly complex and contradictory, hindering rather than helping the arbitration process. To address these issues, it proposes structured protocols, ethical standards, and innovative practices like “hot tubbing” and “expert teaming” to improve clarity, impartiality, and collaboration, ultimately aiming to make expert involvement a constructive force in arbitration.Continue Reading Expert Witnesses in International Arbitration: Untangling Complexity or Adding to the Cacophony?

Beyond the Signature: Who Gets a Seat at the Arbitration Table?

Summary: In a recent ruling, the Hon’ble Supreme Court of India has held that (a) non-signatories cannot attend arbitration proceedings, re-affirming the confidentiality mandate under Section 42A of the Arbitration and Conciliation Act, 1996 (“Act”); and (b) a court becomes functus officio once an arbitrator is appointed under Section 11(6) of the Act. With Section 42A as its shield and the doctrine of functus officio as its sword, the Hon’ble Supreme Court has once again underscored that arbitration is not a spectator sport.Continue Reading Beyond the Signature: Who Gets a Seat at the Arbitration Table?

Out on bail: Do not disturb?

OVERVIEW

A live location on your mobile phone, gets you a cab and instant food/grocery delivery, among myriad other things. On occasion, a live location could also get you bail!This is seen from several recent judicial orders including some passed by the Hon’ble Delhi High Court and the Hon’ble Supreme Court as well.Continue Reading Out on bail: Do not disturb?

The “modification” conundrum: Sticking to the path of least interference – Part I

Introduction

In matters of arbitration, courts are ordinarily required to adopt a hands-off approach while scrutinizing arbitral awards. This jurisprudence has evolved to a point where minimal interference with awards is seemingly the principle guiding courts in India. Against this backdrop, the Supreme Court (“SC”) is going to consider the question whether the powers under Section 34 of the Arbitration and Conciliation Act, 1996 (the “Act”), extend to the modification of arbitral awards or are limited only to the setting aside of arbitral awards. Central to this question is the role of the courts as envisaged under the Act. Continue Reading The “modification” conundrum: Sticking to the path of least interference – Part I

CAN A CHALLENGE TO AN ARBITRAL AWARD BE DISMISSED FOR NON-COMPLIANCE WITH CONDITIONS FOR STAY ON ENFORCEMENT?

An arbitral award can be challenged by filing an application under Section 34 of the Arbitration and Conciliation Act, 1996 (“Act”). Ordinarily, along with the application to set aside an arbitral award, another application is filed under Section 36(2) of the Act seeking a stay on the operation of the award. Prior to the amendment to the Act in the year 2015, mere filing of an application under Section 34 of the Act would lead to an automatic stay on the enforcement of the award. However, pursuant to the Arbitration and Conciliation (Amendment) Act, 2015, Section 36(2) was amended to state that filing of an application to set aside an arbitral award shall not by itself render the award unenforceable and a specific order of stay of operation of the award shall have to be granted on a separate application being made for that purpose. Upon the filing of a separate application, seeking a stay on the operation of the arbitral award, the court may grant the stay, while imposing certain conditions, as it may deem fit. These conditions could entail either furnishing a bank guarantee or depositing cash with the court, to secure the arbitral award. The form and quantum of the security depends on the facts and circumstances of each case and is typically driven by the financial wherewithal and the conduct of the judgment debtor.Continue Reading Can a Challenge to an Arbitral Award be Dismissed for Non-Compliance with Conditions for Stay on Enforcement?