Those consequences became clear this week when the 3-year time period to comply with the 25% minimum public shareholding norm came to an end. On June 4th SEBI passed an interim order including sanctions against promoters and directors of 105 companies that have not yet increased public shareholding to 25%.
International arbitration clauses are ubiquitous in most contracts. And research shows that the international chamber of commerce or ICC is the most popular arbitration center.