"[Suriname declares that] … on the basis of reciprocity … it will apply the Convention to the recognition and enforcement of awards made only in the territory of another Contracting State.
In passing the impugned decisions, the DHC finds itself in the company of very few national courts to have interpreted the Commercial Relationship Reservation in a narrow and restrictive manner. Therefore, it is of utmost importance that the Supreme Court of India be abreast with such developments, and must with immediate effect, clarify the Indian Judiciary’s stand on such a crucial and central aspect of investment arbitration. It is noteworthy to mention here that part of the blame in respect of this chaos and confusion also falls on the Legislature in India because, since it has never sought to clarify the statutory position.
One of the key features of this year’s AAPI Convention,said Dr Ravi Jahagirdar,chair of the convention,would be the display of robotic surgery. Indian physicians are on top of the line in robotic surgeries in the US.
[The Government of Nepal] further declares that the Kingdom of Nepal will apply the Convention only to the differences arising out of legal relationship, whether contractual or not, which are considered as commercial under the law of the Kingdom of Nepal."
"The Philippines will apply the Convention to the recognition and enforcement of awards made only in the territory of another contracting State pursuant to Article I, paragraph 3 of the Convention."
With the reservations provided for in article I, paragraph 3, of the Convention, that is to say, the Tunisian State will apply the Convention to the recognition and enforcement of awards made only in the territory of another Contracting State and only to differences arising out of legal relationships, whether contractual or not, which are considered as commercial under the Tunisian law.
Beyond its international appeal, the NMC's recognition by WFME will enable the commission to enhance the quality and standards of medical education in India by aligning it with global best practices and benchmarks.
2. The Convention only applies in regard to Malta with respect to arbitration agreements concluded after the date of Malta's accession to the Convention."
He will cover the debate and controversy around the issue, and discuss some factors involved in development and change in this model of practice.
"In accordance with article I (3) of the said Convention the Government of Kenya declares that it will apply the Convention to the recognition and enforcement of arbitral awards made only in the territory of another contracting state."
In the absence of an express definition of the term ‘commercial’ in the legal text, the court should have interpreted the term ‘commercial’ in line with the UNCITRAL Model Law, as many courts, including the Supreme Court of India have. The pronouncements of the Supreme Court of India leave no room for any doubt that any activity which is intended to facilitate international trade and promotion thereof, shall be understood as falling within the ambit of the term ‘commercial’.
"This is the season when blood banks dry up and we're raising awareness for the drive in our community through various organisations including our temples."
The phrase ‘Commercial Relationship’ in Article I(3) of the New York Convention was used to create a contradistinction with matrimonial or family or cultural or social or political relationship.[31] That is to say that disputes covering matrimonial or family or cultural or social or political issues, and an award ruling on these subjects, would not be recognized or enforced under the Convention.
[29] The primary goal of any investment treaty, is indeed to encourage foreign direct investment by providing an additional safeguard to a foreign investor’s commercial interests and the promotion of international trade.[30] Astonishingly, the DHC not only failed to take into consideration the UNCITRAL Model Law, but also faltered in so far as its application of law laid down by the Supreme Court of India is concerned. It would not be surprising, if the Supreme Court were to, on appeal, set aside the two Judgements of the DHC website for being contrary to law.