[Live Updates] : 5th NLIU Justice R. K. Tankha Memorial International Arbitration Moot Court Competition
The final rounds have begun! Before we begin, let us give you a few details of the round:
Judges-
Hon'ble Justice (Mrs.) Gyan Sudha Misra
Ms. Shwetha Bidhuri
Majour General Nilendra Kumar
Prof. (Dr.) Surya Prakash
Mr. Sourabh Suman Sinha
Claimant:
Team code: TC2
University: ILS Pune
Speakers:
Tapan Radkar, Advait Helekar
Researchers:
Monica Bagwe, Trishalaa Shetty
Respondents:
Team code: TC8
University RMLNLU
Speakers:
Kaustubh Srivastava
Siddhant Ahuja
Researchers:
Devansh Rathi
Ravi Shankar Pandey
With this, the semi-finals have come to an end. The results will be announced shortly but before that,
A lecture on Careers in Litigation is being organised jointly by the Moot Court Association, the Placement Coordination Committee and the Legal Aid Clinic. The speaker for the lecture is Mr. Prateek Mishra. He graduated from NLIU in 2013. He did his LLM from Queen Mary, University of London in 2014. Presently he is a Managing Associate at L&L Partners.
Mr. Saurabh Suman Sinha may also join us for the lecture, he graduated from NLIU in 2005 and is an Advocate in the Supreme Court. He has over 15 years of experience in litigation.
The lecture would be followed by the finals.
Court room 2
Speaker 1 rebutted on a procedural issue regarding the joinder. Speaker 2 took up the substantive rebuttals and pointed out that respondent's arguments are contradictory.
Court Room- 1
Its time for rebuttals and surebuttals. Both the parties gave significant counter arguments. Indeed the stakes were high in the semifinals and it reflected in the rebuttals. This marks an end to the Semi finals. Looking forward to the results!
Court room 2
Respondent speaker 2 began with a factual argument that was not bought by the judges. He then proceeded with the second prong wherein he cited a foreign case that was not held to be applicable by the Judges. The speaker moved on to the next issue. He put forth a legal argument related to the security and was flooded with questions on it. The judges bought the answers and asked the speaker to quickly summarize the last issue due to the paucity of time.
Court room 2
Claimant speaker 2 argued that third party funding agreement is not necessarily required to be disclosed. The case cited in support of this assertion was not found to be applicable by the judges. Ms. Prasad asked a factual question to which the speaker gave a contradictory answer, and was asked to carry on. Mr. Mishra asked about the binding value of ICSID rulings. The speaker cited a case to answer the same, the judges seemed satisfied with the answer and the speaker proceeded with the next issue. Ms. Prasad interrupted the speaker by asking a question related to tariffs. The speaker said that he's not aware, and was asked to carry on with the submissions. Due to the paucity of time, the speaker summarized the last issue without any questions being posed to him
Court Room- 1
Aishwarya A. on behalf of respondents is now presenting her arguments on the procedural issues. She asserts that the arbitrators have the power to order the disclosure of third party funding. Further she submits that there shall be an order for security of legal costs, to which the judges seek an answer as to what necessitates such an order.
Court Room- 1
The daunting questions from our judges has led the counsels to pick their words wisely. Yet the way both the parties are presenting their arguments is impressive.Stay tuned for further updates!
Court room 1:
After the arguments from the first counsel on behalf of the respondents, counsel for claimant, Kaustabh Srivastava has proceeded with his arguments. In addition to addressing the concerns of the respondents, he argues that the clause is not pathological in nature. With the judges raising some significant questions, the counsel tries his best to answer them effectively.