Litigation Arbitration
Cairn Energy secures order from French Court to freeze Indian assets in France.Following the dispute between India and Cairn Energy pertaining to the retrospective taxation policy, the Company has reportedly secured an order from a Paris Court, freezing certain Indian assets in France. In December 2020, a three-member tribunal of the Permanent Court of Arbitration […]
Litigation Arbitration
Cairn Energy secures order from French Court to freeze Indian assets in France. Following the dispute between India and Cairn Energy pertaining to the retrospective taxation policy, the Company has reportedly secured an order from a Paris Court, freezing certain Indian assets in France. In December 2020, a three-member tribunal of the Permanent Court of […]
Litigation Arbitration
S. 143A of the Negotiable Instruments Act directory and not discretionary. The Chhattisgarh High Court has held that the S. 143A of the Negotiable Instruments Act 1881, providing for payment of interim compensation is directory, and not discretionary. The said section provides for payment of interim compensation up to 20% of the amount of the […]
Litigation Arbitration
S. 143A of the Negotiable Instruments Act directory and not discretionary. The Chhattisgarh High Court has held that the S. 143A of the Negotiable Instruments Act 1881, providing for payment of interim compensation is directory, and not discretionary. The said section provides for payment of interim compensation up to 20% of the amount of the […]
Resolution Professional Is Only A Facilitator And Not A Gatekeeper Under Ibc, Held Nclat
The Resolution Professional (“RP”) plays an important role in the process of resolution of insolvency of a corporate or bankruptcy of a guarantor to the corporate debtor. The Bankruptcy Law Reforms Committee (BLRC) in its final report dated 4.11.20151 also emphasized on the role of an RP which stated that “Insolvency professionals form a crucial pillar upon […]
Litigation Arbitration
Bombay High Court upheld the constitutional validity of TRAI’s Broadcasting 2020 Tariff Order Rules and Regulations On 30th June 2021, the Bombay High Court upheld the constitutional validity of the Section 11 of Telecom Regulatory Authority of India Act, 2017 along with the amendments to the the Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) […]
Litigation Arbitration
Bombay High Court upheld the constitutional validity of TRAI’s Broadcasting 2020 Tariff Order Rules and Regulations On 30th June 2021, the Bombay High Court upheld the constitutional validity of the Section 11 of Telecom Regulatory Authority of India Act, 2017 along with the amendments to the the Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) […]
Litigation Arbitration
Centre proposes to amend Consumer Protection (E-Commerce) Rules, 2020 Pursuant to recommendations by a Parliamentary panel led by Member of Parliament Pratap Singh Bajwa, certain amendments have been proposed to the said Rules, to achieve the following goals- Mandatory registration requirements for online retailers Greater scrutiny of flash sales Enhanced liability of e-commerce entities and […]
Litigation Arbitration
Centre proposes to amend Consumer Protection (E-Commerce) Rules, 2020 Pursuant to recommendations by a Parliamentary panel led by Member of Parliament Pratap Singh Bajwa, certain amendments have been proposed to the said Rules, to achieve the following goals- Mandatory registration requirements for online retailers Greater scrutiny of flash sales Enhanced liability of e-commerce entities and […]
Litigation Arbitration
Section 138 of Negotiable Instruments Act, 1881 (“NI Act”)- Not mentioning date of service of demand notice is not fatal to the caseOn 14th June 2021, the Allahabad High Court has held that a complaint for dishonour of cheques cannot be dismissed merely because it does not mention the date on which the demand notice […]