Non-disclosure of material facts: a good ground for insurance company to repudiate claims

Friday November 14, 2014. BY | Insurance

By Balram Patwa Introduction Insurance is nothing but a promise or assurance on the part of the insurer to pay an insured’s claim to the insured in return of receipt of the premium amount paid

KSL & Industries Ltd. vs. M/s. Arihant Trades Ltd. & Ors.

Tuesday November 4, 2014. BY | Commercial/Corporate

The verdict of Supreme Court in KSL Industries Ltd. Vs. M/s. Arihant Trade Ltd. & Ors., delivered on 27th October,2014, held that provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (“SICA”) shall prevail over

Bombay HC ruling in favour of Vodafone in transfer pricing case

Monday October 27, 2014. BY | Commercial/Corporate

By Saurav Agarwal The judgment of a division bench, headed by Chief Justice Mohit Shah and Justice M Sanklecha, of the Bombay High Court on October 10, 2014 in Vodafone India Services Pvt. Ltd. v.

Transmission of arbitral award not required for execution, Karnataka HC clarifies the position

Wednesday September 24, 2014. BY | Arbitration and Conciliation

By Srinivas Atreya Chatti The Karnataka High Court has, in a recent order dismissing a Writ Petition (Chandrashekhar v. Tata Motor Finance Ltd & Others)[1], clarified that for the purpose of executing an arbitral award

CCI rejects plea to repeal IRDA (Licensing of Bancassurance Agents) Regulations, 2012

Thursday September 18, 2014. BY | Insurance

By Balram Patwa In Re Dilip Modwil v. IRDA [Decided on 12 September, 2014] Brief of the case Dilip Modwil (the “Informant”) approached the Competition Commission of India (“Commission”) through an application u/s 19(1)(a) of

Vijay Kumar Shailendra vs. The Delhi HC Legal Service Committee : Jurisdiction of cheque dishonour cases

Thursday September 18, 2014. BY | Negotiable Instrument

By Shuchi Mehta The Supreme Court has given one more judgment indicating that courts should take the jurisdiction in cheque dishonor cases only if the bank that dishonored the cheque is situated within its jurisdiction.

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