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SUPREME COURT REITERATES GROUNDS FOR SETTING ASIDE INTERNATIONAL AWARD IN CASE OF ECONOMIC OFFENCES The Supreme Court has in a case of Ratnam Sudesh Iyer vs Jackie Kakubhai Shroff passed a Judgment dated 10-11-2021 and reiterated the grounds for setting aside international arbitral award in cases of economic offences. In this case, one, Mr. Ratnam Iyer, the

SUPREME COURT HOLDS THAT PRE-DEPOSIT FOR FILING AN APPEAL IN RERA MATTERS IS FAIR Recently, a special Bench of the Hon’ble #SupremeCourt of India in the matter of M/s. Newtech Promoters and Developers Pvt. Ltd. vs State of UP and Others. Etc. (CIVIL APPEAL NO(S).6745 ­ 6749 /2021) vide its Judgment dated 11-11-2021 has decided

SUPREME COURT UPHOLDS RETROSPECTIVE APPLICABILITY OF RERA ACT ON THE REAL ESTATE PROJECTS A Three Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices Uday Umesh Lalit, Ajay Rastogi and Aniruddha Bose vide Judgment dated 11-11-2021 in the case of M/s Newtech Promoters And Developers Pvt Ltd. v. State of UP & Ors.

SUPREME COURT HOLDS ADVOCATES LOSING A CASE ON MERITS IS NOT DEFICIENCY IN SERVICE A Two Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices M.R. Shah and B.V. Nagarathna vide an Order dated 08-11-2021 in the case of Nandlal Lohariya v. Jagdish Chand Purohit and others {Special Leave Petition(C) Diary No.24842 Of

[Announcement on behalf of Gujarat National Law University (GNLU)] The commercial dialogue among business entities is incomplete without financial communications. The role of law, specifically the financial market (laws and regulations), is significant to regulate the financial activities of the business entities in the financial market. Since 1991, with the liberalized economic policy (Indian Budget

SUPREME COURT DRAWS DISTINCTION BETWEEN PROCEEDINGS FOR QUASHING OF FIR AND A CRIMINAL TRIAL A Two Judge Bench of the Supreme Court has in a matter of Mahendra KC vs State of Karnataka and Others passed a Judgment dated 29-10-2021 and drawn a distinction between proceedings initiated for quashing of First Information Report (FIR) under Section 482

SUPREME COURT HOLDS THAT INSURANCE CLAIM CAN BE REJECTED IF PREMIUM IS NOT PAID ON THE DUE DATE A Two Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices Sanjiv Khanna and Bela M. Trivedi passed a #Judgment dated 29-10-2021 in the case of Life Insurance Corporation Of India And Another v. Sunita

SUPREME COURT REFUSES TO INTERVENE WHEN HIGH COURT JUDGMENT TAKES A PLAUSIBLE VIEW The Hon’ble #SupremeCourt of India in the case of State of Kerala and Another vs M/S Popular Estates (Now Dissolved) and another (Civil Appeal No. 903/2011) vide its Judgment dated 29-10-2021 held that power under #Article136 of the #Constitution of India cannot

[Ankit Singh Rajput and Pragati Yadav are fourth-year law students at Faculty of Law, Jamia Millia Islamia, New Delhi] Triangular set-off occurs when A owes a debt to B, B owes a debt to C and C owes a debt to A. In the triangular set-off, A attempts to set off the amount it owes

[Raghav Sengupta is pursuing the B.A., LL. B (Hons.) course at Jindal Global Law School] In its recent decision in V. Nagarajan v. SKS Ispat and Power Ltd. (22 October 2021), the Supreme Court of India has ruled that the period of limitation to file an appeal against an order under section 61 of the