In ruling on an appeal filed in Greymatter Entertainment Pvt. Ltd. v. Pro Sportify Pvt. Ltd., the National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, made up of Justice Ashok Bhushan (Chairperson) and Ms. Shreesha Merla (Technical Member), determined that the IBC did not bar the Corporate Debtor from establishing...
According to a decision made by the Delhi High Court, the Arbitral Tribunal is authorised by Section 31(6) of the Arbitration and Conciliation Act, 1996 (A&C Act) to issue an interim award based on admissions made by a party before the Interim Resolution Professional (IRP) in CIRP proceedings brought under...
In two writ petitions, M/S Jai Singh and Co. and M/s Dimple Chaudhary v. National Highways Authority of India, the Delhi High Court declared that it is unacceptable to terminate a public contract, particularly one with a defined period, only for the prospect of collecting more money. This judgement was...
According to the Supreme Court’s bench of Justices MR Shah and MM Sundresh, “to continue with the interim purchase for number of years would be arbitrary and may be argued to be violating the freedom to utilise the property protected under Article 300A of the Indian Constitution.” Even continuing the...
The judicial appointments of escalation of judges to the Supreme Court and The High Courts are persistently met with controversy and debate. These judicial appointments are made as a recommendation of the Collegium System which currently comprises of the Chief Justice D.Y. Chandrachud, Justices Sanjay Kishan Kaul, and K.M. Joseph....
