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Cipla and HIV/AIDS
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DRAFTING AROUND s.8 & s.45
Murali NeelakantanGlobal General Counsel
Cipla and HIV/AIDS
Case Study
• JV with 2 Indian shareholders• All disputes between the parties relating
to the JVCo shall be finally settled by arbitration in Mumbai under LCIA Rules
• Oppression, mismanagement alleged• CLB refers parties to arbitration u/s. 8
Murali Neelakantan 2
Cipla and HIV/AIDS
What's the issue with s.8 & s.45?
• Courts Support Arbitration • G.S. Patel, J.: CLB decides arbitrability?• No provision for appeal from s.8 similar to
s.50 • Arbitral Tribunal decides on arbitrability• S.7, Keystone (2012) & Shin Etsu(2005)?
Murali Neelakantan 3
Cipla and HIV/AIDS
Drafting Solution
• Arbitration only for breach of JVA• AoA has arbitration clause• Oppression, mismanagement excluded?• s. 50 makes Ss. 8 & 45 different?
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