SUPREME COURT PREFERS LIFE IMPRISONMENT TO DEATH PENALTY The Division Bench of the Hon’ble #SupremeCourt in the matter of Bhagchandra v. State of Madhya Pradesh (Criminal Appeal No. 255-256/2018) passed judgement dated 09.12.2021 and has set aside the Order of the Division Bench of the High Court of Madhya Pradesh at Jabalpur in Criminal Appeal
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SUPREME COURT HOLDS INSURANCE COMPANY DUTY BOUND TO DISCLOSE CHANGED POLICY TERMS AT RENEWAL STAGE
SUPREME COURT HOLDS INSURANCE COMPANY DUTY BOUND TO DISCLOSE CHANGED POLICY TERMS AT RENEWAL STAGE A Two -Judge Bench of the #SupremeCourt comprising of Justice S. Ravindra Bhat and Justice K.M. Joseph has in the matter of Jacob Punnen & Anr vs United India Insurance Co. Ltd. Civil Appeal No. 6778 of 2013, passed a Judgment
... Continue Reading.CROSS BORDER LITIGATIONS & E-DISCOVERIES 2021: INTERVIEW WITH MRS. SUSHILA RAM VARMA
CROSS BORDER LITIGATIONS & E-DISCOVERIES 2021: INTERVIEW WITH MRS. SUSHILA RAM VARMA In the wake of the Corona crisis, we have seen several failed contracts which invariably have ended up in a Court of Law. Frustration of contract has become the subject matter of several cross-border litigations and will probably continue for some time till
... Continue Reading.SUPREME COURT HOLDS LAST WILL INVALID DUE TO SUSPICIOUS CIRCUMSTANCES
SUPREME COURT HOLDS LAST WILL INVALID DUE TO SUSPICIOUS CIRCUMSTANCES In a recent case of Murthy and Others vs C. Saradambal and Others Civil Appeal No.4270 of 2010, a Two Judge Bench of the #SupremeCourt comprising of Justice L. Nageswara Rao and Justice B.V. Nagarathna passed a Judgment dated 10-12-2021, declaring the #Will #invalid. The
... Continue Reading.SUPREME COURT HOLDS THAT NATIONAL COMMISSION CAN DIRECT AN APPELLANT TO DEPOSIT THE ENTIRE DECRETAL AMOUNT PROVIDED THERE IS A SPEAKING ORDER
SUPREME COURT HOLDS THAT NATIONAL COMMISSION CAN DIRECT AN APPELLANT TO DEPOSIT THE ENTIRE DECRETAL AMOUNT PROVIDED THERE IS A SPEAKING ORDER In a recent case of TDI Infrastructure Ltd. vs Jyoti Bhardwaj and other similar matters, involving an #Infrastructure Company called TDI Infrastructure Limited (TDI), several #HomeBuyers sued TDI under the #ConsumerProtection Act 2019
... Continue Reading.Why cricket is the perfect sport for law firms to get involved with
When it comes to the legal profession, there are some sectors that are more profitable than others. It has often been thought that those who focus on criminal law do so for the love of the job and not because of how lucrative it is. Criminal law is perhaps one of the lowest paying areas
... Continue Reading.Strict Timeline for Filing an Appeal Under the IBC Regime
[Megha Shaw is a final year law student at WBNUJS Kolkata] Section 61(2) of the Insolvency and Bankruptcy Code, 2016, (Code) provides a limitation period of 30 days from the date of the NCLT order to allow the aggrieved party to file an appeal in the NCLAT. The NCLAT has the power to condone further
... Continue Reading.Rise of Low Cost Carriers: Reexploring the Traditional Market Definition
[Akshat Kothari is a 3rd year law student at Institute of Law, Nirma University] The Indian aviation industry is attracting customers by offering affordable services. However, the industry arguably suffers from its oligopolistic nature, since 90.5% of the market share vests with only few players. The interdependence in oligopoly allows the firms to operate in
... Continue Reading.Supreme Court on NCLT’s Powers under IBC, 2016
[Swarnendu Chatterjee is a Principal Associate at Saraf and Partners, Law Offices in New Delhi and Sneha Rath is a 3rd year B.A., LL.B. (Hons.) student at National Law University Odisha] The Supreme Court in Gujarat Urja Vikas v. Amit Gupta had propounded that the residuary powers of the National Company Law Tribunal (NCLT) under
... Continue Reading.SAFE Notes: A Novel Funding and ‘Safe’ Method?
[Devansh Parekh and Tanishq Mohta are BLS. LL.B. students at the Government Law College, Mumbai] When early-stage companies set out to raise capital, they are often presented with multiple fundraising vehicles to accomplish their goal. Over the years, hybrid instruments for investments such as Convertible Compulsory Debentures (“CCD”) and Compulsory Convertible Preference Shares (“CCPS”) have
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