PM GatiShakti: 94th meeting held with evaluation of key infrastructure plans (See 'Corp Brief') ESIC Sanath Nagar Campus Recognized for Excellence in Public Healthcare (See 'Corp Brief') Shivraj Singh Chauhan announces formal end of 'Viksit Krishi Sankalp Abhiyan' and congratulated all scientists for their remarkable participation in campaign (See 'Corp Brief') PMLA - Interesting yet embarrassing question - Authority u/s 5 does not act as a Police force or Central Agency akin to a police force while passing an order of provisional attachment - Bench has jurisdiction to entertain petition: HC (See 'Legal Desk') Government of Assam presented Srimanta Sankardeva Award to renowned Indian classical dancer Dr Sonal Mansingh (See 'Corp Brief') Union Minister Manohar Lal reviewed implementation & progress of key urban development initiatives and infrastructure projects (See 'Corp Brief') Capital Market - Purchased plot being in settlement zone area, cannot be presumed to be agricultural land, and hence purchase of such settlement land is not contravention of FEMA Regulations: SAFEMA (See 'Legal Desk') Labour Ministry drives transformation in Social Security and Welfare (See 'Corp Brief') India, Norway discuss Blue Economy at UN Ocean Conference (See 'Corp Brief') IPR - Even though similarity in two competing trademarks cannot be ascertained by dissecting and comparing their parts, 'dominant parts' of trademarks can be compared: HC (See 'Legal Desk') 15-day Viksit Krishi Sankalp Abhiyan will conclude today (See 'Corp Brief') Union Minister to inaugurate Inland Fisheries and Aquaculture Meet 2025 (See 'Corp Brief') SARFAESI - If borrowers have already availed of remedy u/s 17 and secured creditor has no other alternative remedy, then creditor can avail remedy of petition under Article 227 of Constitution: HC (See 'Legal Desk') CCI approves acquisition of equity of Goldi Solar by Havells India (See 'Corp Brief') CCI okays acquisition of equity in Kolte-Patil Developers by BREP Asia III India Holding (See 'Corp Brief') India believes in science that is empathetic, ethical, and equitable: Pradhan (See 'Corp Brief') A&C - Subsequent revision of original menu by IRCTC form part of 'original contract containing arbitration clause' or not, is matter to be decided by Arbitrator: HC (See 'Legal Desk') Rs 244 crore sanctioned to boost Sustainable Tourism: Sonowal (See 'Corp Brief') BRIC-THSTI hosts symposium on 'Development of monoclonal antibody therapeutics' (See 'Corp Brief') Capital Market - Penalty for contravention of FERA provisions, shall be levied after adjustment of confiscated amount has been allowed looking to availability of cash in hand in cash-books of Firm: SAFEMA (See 'Legal Desk') India pushes for stronger Global Ocean Cooperation at UN Conference (See 'Corp Brief') FTII extends application deadline for Film Appreciation Course (See 'Corp Brief') IPR - Patent expiration does not eliminate company’s right to challenge biosimilar regulatory compliance: HC (See 'Legal Desk') QCI celebrates Role of Accreditation in empowering SMEs (See 'Corp Brief') Union Minister inaugurates NeVA Digital Platform for Puducherry Assembly (See 'Corp Brief') IPR - 'Complete Specification' of invention is sacrosanct for determining infringement of its patent: HC (See 'Legal Desk') World today looks up to India to overcome global challenges: MoS (See 'Corp Brief') Competition Law - Google imposing unfair conditions through agreements such as Television App Distribution Agreement and Android Compatibility Commitments, violates provisions of Competition Act, 2002: CCI (See 'Legal Desk') World Food Safety Day: Call for Innovations in Food Safety (See 'Corp Brief') IPR - Unauthorised use of 'AQUA' marks by defendants being deliberate, unjustified, and intended solely to capitalise on plaintiff's established goodwill, calls for damages: HC (See 'Legal Desk') Dr PK Mishra backs UN Chief on declaring heatwave global crisis (See 'Corp Brief') A&C - While Court may be guided by Orders XXXVIII and XXIX of CPC, decision in application u/s 9 is not strictly restrained by Order XXXVIII Rule 5: HC (See 'Legal Desk') MoS goes to France to attend International Meet on Oceans (See 'Corp Brief') PMLA - Attachment of property does not amount to its confiscation, as attachment under PMLA does not alter position with regard to ownership or even possession/use of properties: SAFEMA (See 'Legal Desk')

DEA organises Training on 'International Investment Law and Dispute Resolution'

Published: Nov 29, 2024

By TIOLCorplaws News Service

NEW DELHI, NOVEMBER 28, 2024: THE Investment Division in the Department of Economic Affairs (DEA), Ministry of Finance (MoF), organised a one-day training programme on 'International Investment Law and Dispute Resolution' in today, New Delhi. The programme was inaugurated by Dr. R.J.R. Kasibhatla, Additional Legal Advisor, Department of Legal Affairs, Ministry of Law and Justice.

The training programme was organised to sensitise stakeholders from different Ministries/Departments about International Investment Law, focusing on Bilateral Investment Treaties (BITs), standards of treatment, investor-state obligations, dispute resolution mechanisms, and the current legitimacy challenges in international investment law. The programme also addressed practical measures to prevent and manage international investment disputes.

The sessions during the training programme were led by Ms. Preeti Jain, Director, DEA, and legal experts including Mr. Shravan Yammanur; Dr. Argha Kumar; Ms. R.V. Anuradha; Ms. Ramya Raman; and Mr. Shivam Dwivedi. The programme witnessed active participation from officials of Department of Economic Affairs , Department of Financial Services, Department of Commerce, Department for Promotion of Industry and Internal Trade, Department of Investment and Public Asset Management, Department of Expenditure, and Department of Revenue.

International Investment Law (IIL) plays a critical role by providing a legal framework for the protection and regulation of foreign investments. Given the complexity of the subject, it is essential for officials involved in international business, trade, and law to stay updated on evolving principles, treaty obligations, and mechanisms for resolving disputes.

The training sessions provided participants valuable insights into some of the key concepts of BITs such as National Treatment (NT), Most-Favoured-Nation (MFN), Fair and Equitable Treatment (FET), and Full Protection and Security (FPS), along with the intricate balance between state obligations and investor rights. The discussion also explored the legitimacy crisis surrounding Investor-State Dispute Settlement (ISDS) mechanisms, while shedding light on the evolving landscape of dispute resolution, handling of international investment disputes and practical ways to prevent unnecessary disputes.

Participants engaged with the topics enthusiastically, posing thought-provoking questions that reflected their keen interest and understanding of the subject matter. Their inquiries ranged from the implications of India's recent BITs to strategies for effectively managing investment disputes. The interactive nature of the sessions enriched the learning experience, fostering a dynamic exchange of ideas on the International Investment Law and dispute resolution mechanisms.

TIOL CORP SEARCH

TIOL GROUP WEBSITES