(1) Tenoch Holdings Limited (Cyprus) (2) Mr. Maxim Naumchenko (Russian Federation) (3) Mr. Andrey Poluektov (Russian Federation) v. The Republic of India

These proceedings are being conducted under the UNCITRAL Arbitration Rules 1976 pursuant to the Agreement between the Government of the Republic of Cyprus and the Government of the Republic of India for the Mutual Promotion and Protection of Investments dated 9 April 2002 and the Agreement between the Government of the Russian Federation and the Government of the Republic of India for the Promotion and Mutual Protection of Investments dated 23 December 1994.

Case information

Name(s) of Claimant(s) Mr. Maxim Naumchenko (Russian Federation) (Private entity )
Name(s) of Respondent(s) The Republic of India (State)
Names of Parties -
Case number 2013-23
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector -
Rules used in arbitral proceedings UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced (Bilateral treaty)CyprusIndia
Language of Proceeding -
Seat of Arbitration (by Country)

Judge Bernardo Sepúlveda-Amor (Presiding Arbitrator)

The Honorable Charles N. Brower
Professor Brigitte Stern

Representatives of the Claimant(s)

Mr. Gaëtan Verhoosel

Mr. Luke Sobota




Representatives of the Respondent(s)

Mr. George Kahale III
Mr. Benard V. Preziosi, Jr.

Mr. Kabir Duggal

Mr. Fuad Zarbiyev

Mr. Fernando Tupa

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 01 January 2012
Date of issue of final award -
Length of Proceedings Pending
Additional notes -

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