COMPLETION DATE AGREED BY THE PARTIES IN AGREEMENT FOR SALE IS ‘SACROSANCT’ –MAHARERA

In recent order dated 13th January 20231, Hon’ble MahaRERA reiterated and ruled that the completion date agreed by the parties mentioned while entering into the Agreement for Sale is sacrosanct. The said order was delivered

IN CASE OF FAILURE TO DISCLOSE THE EXCLUSION CLAUSES TO THE INSURED AS PER IRDA REGULATIONS, THE INSURER WON’T BE ABLE TO REPUDIATE THE CONTRACT: STATES SC

SC: Insurance Companies requires to be cautious while rejecting claims and cannot take benefit of exclusion clauses in the Insurance Contract The Hon’ble Supreme Court in its recent judgment1 passed on 9th November 2022 held

What is CBDC and how it works?

What is CBDC and how it works?

[(By Mr. Chitrang Gamot (Associate) co-authored by Ms. Nidhi Singh (Associate Partner)] Digital currency or rupee is an electronic form of money which can be used in contactless transactions. The Reserve Bank of India (RBI)

An Adjudication is Final for Incidental or Connected Matters: Madras High Court

In the recent judgment1 the Honorable Justice Mr. N. Anand Venkatesh in the High Court of Madras held that an adjudication is final and conclusive not only to the matter adjudicated but also to matter

Letter of Intent not a binding contract unless such an intention is evident from its terms

The Supreme Court in South Eastern Coalfields Ltd & Others vs. M/s S Kumar’s Associations AKM (JV)[1] ruled that a Letter of Intent (“LoI”) is not a binding contract unless such an intention is evident

Supreme Court: Courts Cannot Relax Time Limit for Filing Written Statement in Commercial Disputes

The Supreme Court of India in a recent judgment, in SCG Contracts India Pvt. Ltd. v. K.S. Chamankar Infrastructure Pvt. Ltd. & Ors.[1], held that written statement can’t be filed in commercial disputes after 120

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