Navigating Commercial Disputes with Payal Chawla: Episode 1 - Justice Madan Lokur

Navigating Commercial Disputes is a video podcast hosted by disputes lawyer Payal Chawla in collaboration with Bar & Bench.

Drawing on her experience in arbitration and corporate law, Chawla aims to unpack the law and the intricacies surrounding commercial disputes, with incisive insights.

Tailored for lawyers, law students, and legal enthusiasts alike, each episode offers listeners a fresh perspective on the subject.

In the debut episode of Navigating Commercial Disputes, Chawla speaks with Justice Madan Lokur, former judge of the Supreme Court of India and current judge with the Supreme Court of Fiji. They discuss the far-reaching implications of the recent Office Memorandum issued on June 3, 2024, by the Ministry of Finance. This memorandum introduces new guidelines for dispute resolution in domestic public procurement contracts, advocating mediation and litigation over arbitration for high-value disputes.

The episode delves into the potential impact of these guidelines on India’s legal landscape - from overburdening the courts to potentially being a setback for India's ambitions as an arbitration hub. Tune in to hear Justice Lokur’s expert analysis on this policy shift, its effects on India’s 'Ease of Doing Business' ranking, and the future of arbitration in India.

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