1. Mr. Gokul Das Binani, 2. Mrs. Madhu Binani (India) v. Republic of Macedonia

The PCA provides administrative support in this arbitration, which has been brought under the Agreement between the Government of the Republic of India and the Government of the Republic of Macedonia for the Promotion and Reciprocal Protection of Investments (17 March 2008) and the UNCITRAL Arbitration Rules 1976.


Case information

Name(s) of Claimant(s) Mr. Gokul Das Binani (India) (Private entity )
Mrs. Madhu Binani (India) (Private entity )
Name(s) of Respondent(s) The Republic of Macedonia (State)
Names of Parties -
Case number 2018-38
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector Mining and quarrying
Rules used in arbitral proceedings UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced

[Bilateral treaty]
Agreement between the Government of the Republic of India and the Government of the Republic of Macedonia for the Promotion and Reciprocal Protection of Investments (17 March 2008)
Country A: India
Country B: The former Yugoslav Republic of Macedonia


Language of Proceeding English
Seat of Arbitration (by Country) Switzerland
Arbitrator(s)

Mrs. ‘Funke Adekoya, SAN (Presiding)
Prof. Robert Volterra
Prof. Brigitte Stern

Representatives of the Claimant(s)

Ms. Pallavi Shroff
Mr. Rishab Gupta
Ms. Smarika Singh
SHARDUL AMARCHAND MANGALDAS & CO

Mr. Dragan Karanović
Mr. Miloš Vučković
Mr. Milan Lazić
Ms. Milica Savić
KARANOVIĆ & NIKOLIĆ O.A.D.

Representatives of the Respondent(s)

Prof. Dr. Siegfried H. Elsing
Dr. Nicholas Kessler
ORRICK, HERRINGTON & SUTCLIFFE LLP 

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 07 August 2017
Date of issue of final award -
Length of Proceedings Pending
Additional notes -

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