Litigation Arbitration
Vedanta filed an application for withdrawal of arbitration proceedings against the Government Vedanta Resources Ltd. stated that it has filed an application seeking withdrawal of claim and termination of the arbitral proceedings pending before the Permanent Court for Arbitration in the International Court of Justice. The proceedings were regarding the settlement of a ₹20,495 crore retrospective […]
Litigation Arbitration
January 07, 2022 Vedanta filed an application for withdrawal of arbitration proceedings against the Government Vedanta Resources Ltd. stated that it has filed an application seeking withdrawal of claim and termination of the arbitral proceedings pending before the Permanent Court for Arbitration in the International Court of Justice. The proceedings were regarding the settlement of […]
Litigation Arbitration
Bar under Section 9(3) of the Arbitration Act is not applicable when the application under Section 9 is taken up by the Court before the constitution of arbitral tribunal: Supreme Court Arcelor Mittal Nippon Steel India Limited (“AMNSIL”) and Essar Bulk Terminal Limited (“EBTL”) had filed the applications (“interim proceedings”) before the Commercial Court in […]
Litigation Arbitration
September 17, 2021 Bar under Section 9(3) of the Arbitration Act is not applicable when the application under Section 9 is taken up by the Court before the constitution of arbitral tribunal: Supreme Court Arcelor Mittal Nippon Steel India Limited (“AMNSIL”) and Essar Bulk Terminal Limited (“EBTL”) had filed the applications (“interim proceedings”) before the […]
Litigation Arbitration
Bombay High Court stayed the operation Rule 9 of Information Technology Rule, 2021 As and by way of interim relief to the Petitioners, the Bombay High Court stayed the operation of sub-rule (1) and (3) of the Rule 9 of Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 (“2021 Rules”). Two of the […]
Litigation Arbitration
August 19, 2021 Bombay High Court stayed the operation Rule 9 of Information Technology Rule, 2021 As and by way of interim relief to the Petitioners, the Bombay High Court stayed the operation of sub-rule (1) and (3) of the Rule 9 of Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 (“2021 Rules”). […]
Litigation Arbitration
Franklin Templeton undertakes not to launch any new debt schemes till SAT appeal is decided. The Supreme Court of India refused to interfere with the Security Appellate Tribunal’s (“SAT”) Order whereby SAT has granted a stay on the condition imposed upon Franklin Templeton Asset Management by Security and Exchange Board of India. In its Order […]
Litigation Arbitration
Franklin Templeton undertakes not to launch any new debt schemes till SAT appeal is decided. The Supreme Court of India refused to interfere with the Security Appellate Tribunal’s (“SAT”) Order whereby SAT has granted a stay on the condition imposed upon Franklin Templeton Asset Management by Security and Exchange Board of India. In its Order […]
Litigation Arbitration
Supreme Court strikes down certain provision of the Tribunals Reforms Ordinance 2021. The Supreme Court has struck down certain provisions of the Tribunals Reforms (Rationalisation and Conditions of Service) Ordinance 2021, pertaining to the age limit and tenure of members appointed to certain Tribunals mentioned therein. Sections 184 and 186 of the Finance Act 2017 […]
Litigation Arbitration
Supreme Court strikes down certain provision of the Tribunals Reforms Ordinance 2021. The Supreme Court has struck down certain provisions of the Tribunals Reforms (Rationalisation and Conditions of Service) Ordinance 2021, pertaining to the age limit and tenure of members appointed to certain Tribunals mentioned therein. Sections 184 and 186 of the Finance Act 2017 […]