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
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
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
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
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
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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