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.

28th Apr, 2023

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

  • Disputes

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

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

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

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

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

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

03rd Feb, 2023

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

  • Disputes

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

05th Jan, 2023

Section 138 of the N.I. Act will not be attracted if cheque presented is without endorsement of part-payments made by the borrower

  • Disputes

30th Dec, 2022

Consent of the secured creditors is not required where they are not affected by the scheme of amalgamation

  • Disputes

20th Dec, 2022

Mere participation in arbitration proceedings does not disentitle a party to challenge an award on the ground of unilateral appointment of arbitrator

  • Disputes



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