Sanctioning Claim for Loss of Profit in Absence of Substantial Proof Is in Conflict with Public Policy of India: Apex Court

Introduction In the context of interpreting an award deemed to be patently illegal and conflicting with public policy, the Supreme Court in M/s. Unibros v. All India Radio[1], clarified that a claim for loss of

Supreme Court Re-Affirms The Law Laid Down In The Case Of Rainbow Papers By Dismissing Review Petition

Introduction The recent judgment of the Supreme Court comes as a major drawback to lenders as the Court dismissed the Review Petitions filed by the Lenders seeking review of earlier judgment passed by the Court.

The SC Clarifies The Limitation Period For The Purposes Of Initiating CIRP And Lodging Claim During CIRP On The Basis Of A DRT Recovery Certificate As Financial Debt.

The Hon’ble Supreme Court (SC) in the case of Tottempudi Salalith Vs. State Bank of India & Ors.[1] has affirmed its previous judgments and held that a DRT Recovery Certificate holder shall have, from the

Shiju P V senior partner Indialaw LLP quoted in Hindu Business Line

https://www.thehindubusinessline.com/economy/mca-enforces-beneficial-interest-reporting-regime-for-llps/article67477042.ece

The Non – Arbitrability of Consumer Disputes

In a recent decision[i], the Hon’ble Supreme Court (“SC”) has reiterated its stand on the non – arbitrability of consumer disputes under the present Indian dispute resolution regime. In doing so, the SC rejected an

Vinod P V Partner, INDIALAW LLP quoted in Business Line.