Updates
Patna High Court Holds Venue Equals Seat in Absence of Contrary Intention
Case: M/s Pramila Motors Pvt. Ltd. versus M/s Okinawa Autotech International...
Singapore Supreme Court Sets Aside Award by Tribunal Chaired by Ex-CJI Dipak Misra Due to Copy-Pasting and Apparent Bias
Facts of the Case The dispute arose from a large infrastructure project in...
NCLAT Clarifies what will be Privity of Contract and Holds That Section 9 Application Is Not Admissible Without It Between Corporate Debtor and Operational Creditor
Case: Rahee Jhajharia E to E JV v. MB Power (Madhya Pradesh Ltd.) The National...
Furnishing Record Of Default From Information Utility Not Mandatory For Operational Creditors Under Section 9: NCLT Mumbai
Case Title: Ganesh Ramkisan Rajale v. Panchtatwa Milk Industries Private...
Breach Of Settlement Agreement Not A Bar To Initiating CIRP Under Section 7: Financial Debt Remains Intact, Holds NCLAT
Case: Bahadur Ram Mallah (Ex-Director, Uniworth Textiles Limited) Versus...
NCLT Mumbai: Advance Payment Received by Corporate Debtor for Future Goods Supply Qualifies as Operational Debt Under IBC.
Case: Armaco Infralinks Pvt. Ltd. Versus B. S. Ispat Pvt. Ltd. Facts of the...
Can an Unsuccessful Resolution Applicant Challenge the CoC’s Approval of a Resolution Plan?
Introduction The Corporate Insolvency Resolution Process (CIRP) under the...
Comprehensive Insolvency Resolution: Upholding Creditor Rights Across Project
Introduction: The Insolvency and Bankruptcy Code, 2016 (IBC), mandates a...
Legal Representative Not Liable for Reassessment Notice Issued Posthumously
Introduction: Under the Income Tax Act, the legal representatives of a...
Pre-CIRP Obligations and the Liability of Auction Purchasers in IBC Proceedings
Introduction Pre-CIRP obligations refer to liabilities incurred before the...
Survival of Arbitration Agreements in Dissolved Partnerships
Introduction Arbitration has become a preferred method for resolving disputes,...
The Role of Diligence in Condoning Delay in Legal Proceedings
Introduction: Delay condonation is the court's discretionary power to allow...
Judicial Review Under Section 34, Courts Should Not Act as Appellate Bodies in Arbitration
Introduction: Arbitration is a widely recognized alternative dispute...
How Exclusion Clauses Define the Scope of Arbitration
Introduction: An arbitration agreement reflects the mutual consent of parties...
Role of the Resolution Professional in Insolvency Proceedings
Introduction In insolvency proceedings under the Insolvency and Bankruptcy...
The Only Relevant Factors For Appointing Arbitrator in a s.11 Petition
Introduction: Arbitration is an alternative dispute resolution mechanism that...
Assessing Officer Cannot Reopen Assessment Based on Mere ‘Change of Opinion’ Without New Tangible Material
Introduction An Assessing Officer (AO) is a representative of the Income Tax...
Composite Reference for Arbitration of Disputes from Multiple Interconnected Contracts.
Introduction In arbitration proceedings, a composite reference allows disputes...
Deciding the Governing Law of Arbitration proceedings
Introduction One of the most pivotal decisions parties faces when entering...