RERA CAN ENTERTAIN COMPLAINTS FILED BY HOME BUYERS AGAINST BANKS

The Apex Court of the country reiterated in Union Bank of India vs Rajasthan Real Estate Regulatory Authority & Ors.1 that in case of conflict between the Real Estate (Regulation and Development) Act (“RERA Act”)

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

CHEERS INDIAN MSME FOR INTELLECTUAL PROPERTY (‘IP’)

On 26th April of every year is celebrated as World Intellectual Property Day.  This year World Intellectual Property Organisation (‘WIPO’) which is the inter-governmental agency administrating the Intellectual Property for the whole world, situated in

IP WAIVER FOR COVID-19 VACCINES, TRIPS AND ITS IMPLICATIONS

Points and objectives of this blogs and article. 1. Letter to WTO by India and South Africa in October 2020 to propose certain IP and TRIPS Waiver for COVID-19 related drugs and       

Arbitration

Indian parties can choose a foreign seat of arbitration

The Supreme Court in PASL Wind Solutions Private Limited vs. GE Power Conversion India Private Limited[1] has ruled that two companies incorporated in India can choose a forum for arbitration outside India. It also ruled

Insolvency and Backruptcy

Balance sheet entries can amount to acknowledgement of debt under Section 18 of Limitation Act

The Supreme Court in Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal & Anr.[1] has ruled that entries in balance sheets can amount to acknowledgement of debt for the purpose of extending limitation under Section

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