19 Aug 2022: Shourav Lahiri on IOCL VS NCC and its impact on construction arbitration/disputes (India) for Masin

16th Aug 2022


4:00 pm IST


Shourav Lahiri will join a panel discussion hosted by Masin which will examine the issues and current judicial and practice trends arising out of the judgment of the Supreme Court of India on Indian Oil Corporation v. NCC Limited.

The speakers will explore (1) notification of claims in construction contracts: time-bar in clauses as a condition precedent; (2) accord and satisfaction between the parties: whether it can be an issue of arbitrability for the court; (3) arbitrability in construction arbitrations; and (4) excepted matters in construction contracts.

The Indian construction sector contributes up to 9 percent to India’s GDP making it the second largest industry and employer in India. It is predicted to become the third-largest construction market globally by 2025. As the number of private and public-private projects increase, so do disputes. Currently, Indian construction projects are facing issues surrounding extension of time, idling, cost overruns, variations, financing issues. Another array of disputes arises in government contracts which are widely worded and often contain one-sided provisions.

Panel: Shourav Lahiri – Atkin Chambers, Rohit Singhal – Masin, Anirudh Krishnan – AK Law Chambers, Adarsh Ramakrishnan – MRP Advisory.

The webinar will be held on Friday 19 August at 1600 (IST).

To register for this webinar, click here. A confirmation email and the link will be sent to the registered email. There will also be an opportunity to post questions on the day on webinar.

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