COMPLETION DATE AGREED BY THE PARTIES IN AGREEMENT FOR SALE IS ‘SACROSANCT’ –MAHARERA
In recent order dated 13th January 20231, Hon’ble MahaRERA reiterated and ruled that the completion date agreed by the parties mentioned while entering into the Agreement for Sale is sacrosanct. The said order was delivered
DISPUTES REGARDING NON-PAYMENT OF DUES CANNOT BE REFERRED TO ARBITRATION AS IT IS SIMPLY A CASE OF RECOVERY: PUNJAB AND HARYANA HC
The High Court of Punjab and Haryana at Chandigarh in a recent judgment1 held that when the dispute between the parties relates to a case of simpliciter non-payment of dues it cannot be said to
SUPREME COURT OBSERVES: BURDEN LIES ON THE BORROWER TO PROVE THAT THE SECURED PROPERTIES ARE AGRICULTURAL LANDS
The Supreme Court, comprising Justice M.R. Shah and Justice M.M. Sundaresh in a recent judgment1 held that the burden to prove that the secured properties are agricultural lands and are being used as agricultural lands
SARFAESI Act Prevails Over MSMED Act: Supreme Court
The Supreme Court’s Division Bench comprising of Justice M.R. Shah and Justice Krishna Murari in Kotak Mahindra Bank Limited vs Girnar Corrugators Pvt. Ltd1, vide judgment dated 05.01.2023, held that Micro, Small and Medium Enterprises
ADJUDICATING AUTHORITY HAS NO JURISDICTION TO MODIFY A RESOLUTION PLAN: NCLAT
National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, comprising of Justice Rakesh Kumar Member and Dr. Ashok Kumar Mishra in Mathuraprasad C Pandey & Ors. v Partiv Parikh & Anr.1, vide Judgement dated
HC: Section 47 of CPC Cannot Be Applicable While Executing Arbitral Awards States Tripura High Court
The Hon’ble High Court of Tripura in its recent judgment1 passed on December 2022 held that Section 47 of the Code of Civil Procedure, 1908 (“CPC”) is not applicable to the execution of an arbitration
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