Outgoing Partner Entitled To The Profits Partnership Act

Outgoing Partner Entitled To The Profits: Partnership Act

The Hon’ble Supreme Court (“Hon’ble SC“) in its recent judgment[i], held that in an event, a partner is carrying out business with the assets of the firm, he is entitled to his share of profits

Section 11 Arbitration Application After Unconditional Withdrawal

Supreme Court Bars Fresh Filing Of Section 11 Arbitration Application After Unconditional Withdrawal

Introduction The Hon’ble Supreme Court recently in M/s. HPCL Bio-Fuels Ltd. vs M/s. Shahaji Bhanudas Bhad held that Order 23 Rule 1 of the Civil Procedure Code (“CPC”) applies to applications for the appointment of

Kerala High Court Criticizes Flawed ICC Investigation in Workplace Sexual Harassment Case, Calls for Fair, Neutral, and Timely Inquiries

Kerala High Court Criticizes Flawed ICC Investigation in Workplace Sexual Harassment Case, Calls for Fair, Neutral, and Timely Inquiries

In a recent judgment, the Kerala High Court in the mater of Amjith vs State of Kerala (2024:KER:84389) dismissed a petition to quash a criminal complaint relating to sexual harassment, pointing out significant flaws in

Bombay High Court Reiterates Rejection Of Plaint To Be Directed Due To Non-Compliance With Mandatory Mediation Procedure Under Section 12A Of The Commercial Courts Act, 2015

Bombay High Court Reiterates: Rejection Of Plaint To Be Directed Due To Non-Compliance With Mandatory Mediation Procedure Under Section 12A Of The Commercial Courts Act, 2015

In a recent judgement[i], passed by the Ld. Single Judge of the Hon’ble Bombay High Court (“HC”) rejected the plaint under Order VII Rule 11 of the Code of Civil Procedure, 1908 (“CPC”). The HC

Building a Better Insolvency Framework for Real Estate: A Look at IBBI’s Discussion Paper

Building a Better Insolvency Framework for Real Estate: A Look at IBBI’s Discussion Paper

The Insolvency and Bankruptcy Board of India (IBBI) has released a comprehensive discussion paper addressing critical challenges in the real estate insolvency sector. This paper, aimed at enhancing the Corporate Insolvency Resolution Process (CIRP) for

Supreme Court Judgement on Unilateral Arbitrator Appointments Implications for Financial Institutions and the way forward

Supreme Court Judgement on Unilateral Arbitrator Appointments: Implications for Financial Institutions and the way forward

The Supreme Court of India, in its recent judgment on Central Organisation for Railway Electrification v. M/s ECI SPIC SMO MCML (JV) (November 8, 2024), addressed the legality of arbitration clauses allowing unilateral appointments of

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