Supreme Court Disallows Wage Discrimination
The Supreme Court in its recent judgement in, State of Punjab v. Jagjit Singh and Ors in C.A. No. 213/2013, upheld the Constitutional principle of ‘equal pay for equal work’ with respect to temporaray employees
Cancellation of Registration: Certain Jurisdictional Questions
The Supreme Court of India in a recent judgement considered the power of registering authorities under the Registration Act 1908 (“Registration Act”) to cancel a deed already by registered by it. Facts in Brief– The
Revisiting Non-Compete Fee In Corporate Transactions
Recently, merger of two major Insurance companies brought the whole issue of non-compete fee (“NCF”) into limelight again. NCF is the fee paid to the promoters of target company in return of the assurance that
SECURITIES CONTRACTS (REGULATION) ACT, 1956 PREVAILS OVER OTHER GENERAL PROVISIONS
Introduction In the instant case of Securities and Exchange Board of India v. M/s. Opee Stock-Link Ltd. & Anr.[1], the Supreme Court explored certain irregularities/illegalities in the Initial Public Offerings (“IPO”) of two companies, viz.,
Summarising the Insolvency and Bankruptcy Code, 2016
Insolvency and Bankruptcy: The Concepts elucidated Insolvency is when an individual or organization is unable to meet its outstanding financial debt towards its lender as it become due. Insolvency can be resolved by way of changing the repayment
Eitzen Bulk A/S v. Ashapurna Minechem Ltd. & Anr. : Choosing juridical seat of arbitration attracts law applicable to chosen location
In a recent judgement passed by the Supreme Court in Eitzen Bulk A/S v. Ashapurna Minechem Ltd. & Anr.,[1], Justices S. A. Bobde and Fakhir Mohammed Ibrahim Kalifulla, deliberated on the question of applicability of
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