Assignee, having stepped into the shoes of the assignor, can invoke arbitration clause: Bombay High Court.
In a recent order,in the matter of M/s. Siemens Factoring Private Limited v. Future Enterprises Private Limitedthe Hon’ble Bombay High Court (“the Court”) held that an assignee, though not a party but having stepped into
The Hon’ble Supreme Court (the SC) in Oil and Natural Gas Corporation Ltd. vs. Afcons Gunanusa JV settled law on applicability of the Fourth Schedule (“the Schedule”) of the Arbitration and Conciliation Act, 1996 (“the
Supreme Court | Borrower Has To Pre-Deposit 50% Of The “Debt Due” In Appeal Under Section 18 Of The Sarfaesi Act Before DRAT
The Hon’ble Supreme Court, comprising Justice M.R. Shah and Justice B.V. Nagarathna in M/s Sidha Neelkanth Paper Industries Pvt. Ltd. & Anr. V Prudent ARC Limited & Ors vide judgement dated 05.01.2023 observed that the
Delhi High Court reiterates its findings on what constitutes non est filing for the purposes of calculating period of limitation.
Introduction The High Court of Delhi, in a recent judgement re-iterated the concept of non-est filing in Ambrosia Corner House Private Limited V. Hangro S Foods1. The Court laid out instances that would constitute non-est
Once the reference under MSMED Act is filed, it would override invocation of arbitration by other party: Bombay High court
The Hon’ble Bombay High Court in a recent order passed on 24th January 2023 has ruled that the ongoing dispute filed under the provision of Micro, Small, and Medium Enterprises Development Act, 2006 (“MSMED Act,
In recent order dated 13th January 20231, Hon’ble MahaRERA reiterated and ruled that the completion date agreed by the parties mentioned while entering into the Agreement for Sale is sacrosanct. The said order was delivered