Month: January 2022

Last Updated on 3 hours by Admin LB Introduction  This article ‘What is the Basis of Salary of the Founders and How will it Change in Future?’ will provide you with the information that entails in order to determine when and how much to pay yourself as a founder. A fundamental decision you’ll have to

Delhi High Court stays arbitration proceedings against Future Group It maintained that an irreparable loss would be caused to the company The Delhi High Court has provided relief to Kishore Biyani and his company Future Group. It has stayed the 2019 arbitration proceedings and its deal with Amazon before the Singapore Arbitration Tribunal. A division

Allahabad High Court stays FIR against OPPO officers The division bench observed that the proceedings seemed to be an abuse of the process of law The Allahabad High Court has stayed the First Information Report (FIR) registered against the director and the manager of OPPO India Private Limited. The case pertained to the explosion of

Fried Frank develops in Europe with new Brussels office A Wall Street firm is the latest US law firm to open a legal practice in the EU regulatory hub after Brexit With the addition of an office launch in Brussels, New York based firm, Fried Frank Harris Shriver & Jacobson now has its fifth office

Last Updated on 6 hours by Admin LB Question: In which court suit be filed in the case for compensation for the wrong done to movable property at place ‘A, where the plaintiff resides place ‘B’ and the defendant resides at place ‘C’. [Raj. J.S. 1974] Find the answer to the mains question only on

Last Updated on 2 hours by Admin LB Question: Offer over the telephone | A, a resident of Calcutta made a telephone call from there to B at Delhi and made him an offer for the sale of specified goods. B accepted the offer over the telephone but by then the trunk telephone went dead

NCLAT stays insolvency resolution against Tata Projects It was informed that the warring parties had resolved the dispute amicably The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) has stayed the order initiating the Corporate Insolvency Resolution Process against Tata Projects Limited on being informed that the parties had entered into a settlement

Arriving into arbitration pacts with sovereign states: What to look out for? Although national law generally upholds agreements between private parties and states, care must be taken, explain Kristina Fridman and Michael Jaffe. Private parties may encounter issues not applicable to commercial arbitration agreements exclusively between private parties when they enter into an arbitration agreement

Last Updated on 7 hours by Admin LB Question: Suit for recovery of the remainder of the amount | Determine the forum for the institution of the suit where ‘A’ who resides in Patna sells a plot of land situated in Ranchi to `B who resides at Gaya for Rs. 50,000. ‘B’ has paid half the

CESTAT reduces penalty on invoices without the actual receipt The case was filed on the basis that the vehicles mentioned were not capable of transporting bulky goods The Ahmedabad bench of Customs, Excise and Service Tax Appellate Tribunal (Cenvat) has reduced the penalty for wrongly availing credit on invoices without the actual receipt of inputs.