NN Global Mercantile Limited v. Indo Unique Flame Limited and Ors. – The Minority View

NN Global Mercantile Limited v. Indo Unique Flame Limited and Ors. – The Minority View

Friday May 5, 2023. BY Aaushi Doshi and Neeli Sandesara | Arbitration and Conciliation

The decision passed by the Hon’ble Supreme Court (“the SC”) on 11th January, 2021[1]by the three-judge bench comprising of Justice D.Y. Chandrachud, Justice Indu Malhotra and Justice Indira Banerjee in NN Global Mercantile Limited vs.

Supreme Court allows retrospective application of the amended S.29A of the Arbitration and Conciliation Act, 1996

Supreme Court allows retrospective application of the amended S.29-A of the Arbitration and Conciliation Act, 1996

Tuesday April 4, 2023. BY Arbitration Team | Arbitration and Conciliation

The Hon’ble Supreme Court (“the SC”) in the matter of Tata Sons Pvt. Ltd. (Formerly Tata Sons Ltd.) versus Siva Industries and Holdings Ltd. & Ors. settles law on retrospective applicability of amended S.29A of

quantum of interest in a contract

In absence of an explicit clause on quantum of interest in a contract, compound interest cannot be awarded: Delhi High Court

Monday March 27, 2023. BY Arbitration Team | Arbitration and Conciliation

In the case of M/s. Modi Construction Company vs. Ircon International Limited[1], the Hon’ble High Court of Delhi (“the Court”) while dealing with appeal filed under Section 34 of the Arbitration and Conciliation Act, 1996

Assignee can invoke arbitration clause Bombay High Court

Assignee, having stepped into the shoes of the assignor, can invoke arbitration clause: Bombay High Court.

Thursday March 9, 2023. BY Aaushi Doshi | Arbitration and Conciliation

In a recent order,in the matter of M/s. Siemens Factoring Private Limited v. Future Enterprises Private Limited[1]the Hon’ble Bombay High Court (“the Court”) held that an assignee, though not a party but having stepped into

Arbitrators fees Under The Fourth Schedule Of A and C Act

Supreme Court Clarifies The Law On Payment Of Fees To Arbitrators

Wednesday March 1, 2023. BY Arbitration Team | Arbitration and Conciliation

The Hon’ble Supreme Court (the SC) in Oil and Natural Gas Corporation Ltd. vs. Afcons Gunanusa JV[1] settled law on applicability of the Fourth Schedule (“the Schedule”) of the Arbitration and Conciliation Act, 1996 (“the

Supreme Court | Borrower Has To Pre-Deposit 50% Of The “Debt Due” In Appeal Under Section 18 Of The Sarfaesi Act Before DRAT

Wednesday February 15, 2023. BY Shradha Patil, Abdullah Qureshi and Riya Vasa. | Debt Recovery

The Hon’ble Supreme Court, comprising Justice M.R. Shah and Justice B.V. Nagarathna in M/s Sidha Neelkanth Paper Industries Pvt. Ltd. & Anr. V Prudent ARC Limited & Ors vide judgement dated 05.01.2023 observed that the

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