Section 138 of NI Act: Prima facie materials to show the authority of the representative sufficient for magistrate to take cognizance
Supreme Court in TRL Krosaki Refractories vs SMS Asia Pvt Ltd1 held that in a cheque bounce case when a complainant/ payee is a company then an authorized representative can represent the company. A bench headed
Breach of Main Contract no ground for stopping payment under Bank Guarantee
Recently, the Delhi High Court, in Satish Kansal vs Synergy Tradeco NV and others, reiterated that letter of credits (LC)/bank guarantees are independent of the main contract and a dispute under the main contract cannot
RERA CAN ENTERTAIN COMPLAINTS FILED BY HOME BUYERS AGAINST BANKS
The Apex Court of the country reiterated in Union Bank of India vs Rajasthan Real Estate Regulatory Authority & Ors.1 that in case of conflict between the Real Estate (Regulation and Development) Act (“RERA Act”)
Letter of Intent not a binding contract unless such an intention is evident from its terms
The Supreme Court in South Eastern Coalfields Ltd & Others vs. M/s S Kumar’s Associations AKM (JV)[1] ruled that a Letter of Intent (“LoI”) is not a binding contract unless such an intention is evident
CHEERS INDIAN MSME FOR INTELLECTUAL PROPERTY (‘IP’)
On 26th April of every year is celebrated as World Intellectual Property Day. This year World Intellectual Property Organisation (‘WIPO’) which is the inter-governmental agency administrating the Intellectual Property for the whole world, situated in
IP WAIVER FOR COVID-19 VACCINES, TRIPS AND ITS IMPLICATIONS
Points and objectives of this blogs and article. 1. Letter to WTO by India and South Africa in October 2020 to propose certain IP and TRIPS Waiver for COVID-19 related drugs and
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