Updates



Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.

02nd Jun, 2023

NCLAT: There must be a transfer of both assets and liabilities when a corporate debtor is sold as a ‘going concern’

  • Disputes & ADR

31st May, 2023

Period taken by the court to provide a certified copy of the order is to be excluded while determining the period of limitation

  • Disputes & ADR

03rd May, 2023

Claims which are not a part of the resolution plan shall stand extinguished on the date of approval of the resolution plan by the Adjudicating Authority

  • Disputes & ADR

28th Apr, 2023

Supreme Court: Banks must provide opportunity of hearing to borrowers before classifying their accounts as fraud

  • Disputes & ADR

02nd Mar, 2023

Claim filed under the Arbitration Act cannot be dismissed on the ground that the Statement of Claim was not verified in terms of Order VI Rule 15 of CPC

  • Disputes & ADR

14th Feb, 2023

Guidelines on Anti-Money Laundering Standards and Combating the Financing of Terrorism/Obligations of Securities Market Intermediaries under PMLA

  • Corporate and M&A,
  • Disputes & ADR

09th Feb, 2023

Bombay High Court confirms that if a dispute falls under the umbrella of a statute, then it must be adjudicated by the special forum and not arbitration

  • Disputes & ADR

07th Feb, 2023

Non-attestation of an affidavit, whilst filing objections under Section 34 of the Arbitration and Conciliation Act, 1996 cannot make the first filing as non-est

  • Disputes & ADR

07th Feb, 2023

Delhi High Court: Participation of a party in arbitration is not a waiver of its right under Section 12 (5) of the Arbitration and Conciliation Act, 1996

  • Disputes & ADR

07th Feb, 2023

Delhi High Court: Delivery of an Arbitral Award is to be affected on persons who have direct knowledge of the arbitral proceedings

  • Disputes & ADR

03rd Feb, 2023

SC questions the validity of the ratio in Vidarbha Industries Power Limited v. Axis Bank Limited

  • Disputes & ADR

20th Jan, 2023

Resolution plan cannot extinguish right of the dissenting secured financial creditor to proceed against the personal guarantor of the Corporate Debtor

  • Corporate Restructuring & Insolvency,
  • Disputes & ADR



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