Insights / News
Insights / News
The Agreement between the United Arab Emirates and India on Juridical and Judicial Cooperation in Civil and Commercial Matters was signed in 1999 and ratified in 2000. In January 2020, the Government of India notified the UAE as a “reciprocating territory” for the purposes of recognising UAE civil judgments in India without a re-examination of the merits of the underlying dispute. The Treaty is a reflection of the close cultural and economic ties between the two countries. The mutual recognition of civil judgments between a civil law jurisdiction and a common law jurisdiction gives rise to a number of challenges. However, overall, businesses as well as the courts of the “common law islands” in the UAE, namely the Dubai International Financial Centre and the Abu Dhabi Global Market, are likely to benefit from this development.
David Russell AM QC is an Australian barrister specialising in international tax law. He is admitted to practise in England and Wales, Australia, Papua New Guinea, New Zealand and the Courts of the Dubai International Financial Centre. He was first appointed Queen’s Counsel in 1986.
David was President of the Taxation Institute of Australia from 1993 to 1995, and of the Asia Oceania Tax Consultants’ Association (AOTCA) from 1996 to 2000. He has been appointed an AOTCA Honorary Adviser for life, an Honorary Member of the Taxation Institute of Hong Kong and an Advisor of the Global Tax Advisors Platform.
Mr. Russell was Deputy Chairman of STEP WorldWide during 2018 and 2019 and is Chair of its Governance Committee, a co-chair of the UAE Chapter of the International Section of the New York State Bar Association, an Academician of The International Academy of Estate and Trust Law and since 2016 has been a member of Legal Week’s Private Client Global Elite.
If you would like to discuss any of the issues covered in this article please contact David directly or via his practice management team; Matt Sale (+44 (0)20 7427 4910) or Peter Foad (+44 (0)20 7427 0807).