Category: Uncategorized

SUPREME COURT REFUSES TO REMIT MATTER TO ARBITRATOR IN CASE OF PATENT ILLEGALITY IN ARBITRAL AWARD A Two Judge Bench of the Hon’ble Supreme Court of India comprising of Justices R. Subhash Reddy and Hrishikesh Roy passed a Judgment dated 03-01-2022 in the case of I-Pay Clearing Services Private Limited V/s ICICI Bank Limited {Civil Appeal

SUPREME COURT ALLOWS NEET COUNSELLING FOR PG AND UG ADMISSIONS FOR 2021-22 The Division Bench of the Hon’ble Supreme Court of India comprising of Justices Dr Dhananjaya Y Chandrachud and AS Bopanna passed an Order dated 07-01-2022 in the case of Neil Aurelio Nunes & Ors v. Union of India & Ors. {Writ Petition (C)

SUPREME COURT ALLOWS REFUND CLAIM UNDER FOREIGN TRADE POLICY A Three Judge Bench of the #SupremeCourt comprising of Justice A.M. Khanwilkar, Justice Dinesh Maheshwari, Justice Krishna Murari, has in a recent case of Sandoz Private Limited vs Union of India and Others passed a Judgment dated 04-01-2022 and decided upon the issue of #rejection of #refund of #TerminalExciseDuty to #ExportOrientedUnit under

SUPREME COURT UPHOLDS RESERVE BANK OF INDIA’S WIDE SUPERVISORY POWERS A Two Judge Bench of the Hon’ble #SupremeCourt of India comprising of Justices R. Subhash Reddy and Hrishikesh Roy passed a Judgment dated 03-01-2022 in the case of Small Industries Development Bank Of India Vs M/S. Sibco Investment Pvt. Ltd. {Civil Appeal No. 8 of

[Digvijay R. Singh is a 4th year BA LLB (Hons.) student at National Law School of India University, Bangalore] An algorithm is an application of reasoning by artificial intelligence (“AI”) for the finding of a probable solution to a problem. Algorithms are relied upon for the cost and efficiency benefits attributed to them. In the

[Swetha Somu is a 2nd year B.B.A. L.L.B (Hons.) student at Gujarat National Law University in Gandhinagar] ‘Collective dominance’ in competition law points to a scenario where two or more independent undertakings, possibly through established economic links, hold a dominant position in the market together while still being independent of each other. This concept was

[Aryan Puri is a 4th-year BBA., LL.B. (Hons.) student at MIT-World Peace University, Faculty of Law, Pune, and Priya Maharishi is a 5th-year B.A., LL.B. (Hons.) student at Jindal Global Law School, Sonipat] On December 6, 2021, the Securities and Exchange Board of India (“SEBI”) amended the SEBI (Substantial Acquisition of Shares and Takeover) Regulation,

GOVERNMENT NOTIFIES CONSUMER PROTECTION (DIRECT SELLING) RULES, 2021 AND PROHIBITS PROMOTION OF PYRAMID SCHEMES BY DIRECT SELLING ENTITIES The #Ministry of #ConsumerAffairs, #Food and #PublicWelfare has recently notified the Consumer Protection (Direct Selling) Rules 2021 (herein referred as ‘Rules’) under Clause (zg) of sub-section (2) of Section 101 read with Section 94 of the Consumer

[Pallavi Meena is a IV Year BSW, LL.B (Hons.) student and Ridhi Arora a IV Year B.A., LL.B (Hons.) student, both at Gujarat National Law University] In Nitin Jain, Liquidator, PSL Limited. v.  Enforcement Directorate (15 December 2021), the Delhi High Court ruled that the power under the Prevention of Money Laundering Act, 2002 (“PMLA”)

DELHI HIGH COURT DECIDES UPON ISSUE OF GRANT OF INTERIM COMPENSATION IN CHEQUE DISHONOUR CASES The #DelhiHighCourt has in a recent case of M/S JSB Cargo and Freight Forwarder Pvt. Ltd. and Ors vs State and Anr. passed a #Judgment dated 20-12-2021 and decided upon the issue of #powers of the #TrialCourt to grant #interim