Dispatch of the Notice by the Bank under Section 13(2) of the SARFAESI Act is an official Act as presumed under Section 114 (e) of the Indian Evidence Act: J&K High Court.
The Hon’ble Division Bench of Jammu & Kashmir and Ladakh High Court, comprising of Justice Atul Sreedharan and Justice Mohan Lal vide order dated 22nd May 2023 [i] held that dispatching the notice under Section
Injunctions Under Civil Laws
An Injunction is understood as an order issued by a Court to a party, mandating them to either perform or abstain from performing a specific action, with the aim of ensuring the administration of justice.
Procedure Prescribed Under CRPC Should Be Followed In Matters Of Penal Provisions Under Section 27 Of The Consumer Protection Act
A bench of the U.P. State Consumer Dispute Redressal Commission (“State Commission”), recently[1] set aside the order of conviction by the District Consumer Commission (“District Forum”) and held that the procedure prescribed under the Code
Presence of clear intention of parties and meeting of their minds, a pre-requisite to refer dispute(s)to arbitration: Calcutta High Court
Introduction In what could be touted as a significant ruling, the Calcutta High Court (“the HC”)in Blue Star Limited versus Rahul Saraf[1], echoed that there must be a definite and explicit intention of the parties
RBI recently issued guidelines on Default Loss Guarantee (DLG) in Digital Lending
The Reserve Bank of India (RBI) has recently issued guidelines on Default Loss Guarantee (DLG) in Digital Lending. DLG is a contractual arrangement between a Regulated Entity (RE) and an entity meeting certain criteria, under which
Delhi High Court On Scope Of Arbitrability Of Disputes Arising Out Of An Insurance Claim, When The Claim Is Partially Rejected
Introduction The Hon’ble Delhi High Court (“HC”) in a recent judgment of Shivalaya Construction Co. Pvt. Ltd. vs. National Insurance Company Ltd.[1],deliberated on the arbitrability and maintainability of a policyholder’s right to invoke arbitration in
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