POWER TO CONDONE DELAY LIES ONLY WITH COURTS, NOT TRIBUNALS UNLESS STATUTE EXPRESSLY PERMITS: SUPREME COURT

The Supreme Court of India delivered a landmark judgment in The Property Company P Ltd. versus Rohinten Daddy Mazda (Special Leave Petition (Civil) No. 3906 of 2017). This Judgment was delivered by the Two Judge Bench comprising Justice J.B. Pardiwala and Justice R.Mahadevan, dealt with complex questions concerning the authority of the Company Law Board

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SUPREME COURT CLARIFIES: WHEN USING THE TERM “ARBITRATION” IS NOT ENOUGH IN ALCHEMIST HOSPITALS VS ICT HEALTH

IntroductionOn 06.11.2025, the Apex Court n Alchemist Hospitals vs ICT Health Technology Services India Pvt Ltd., 2025 INSC 1289 reiterated that principle of arbitration law and examined whether a clause described as “arbitration” tantamount to arbitration agreement under Arbitration and Conciliation Act 1996. The ruling reinforces a basic but important principle- merely using the word

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WHEN A NOTICE SPEAKS LOUDER THAN A PETITION: RE-ANCHORING THE COMMENCEMENT OF ARBITRATION

INTRODUCTIONThe Supreme Court of India, in Regenta Hotels Private Limited v. M/s Hotel Grand Centre Point & Ors., 2026 INSC 32, Civil Appeal arising out of SLP (C) No. 30212 of 2024, delivered a significant ruling on 7 January 2026, clarifying the true meaning of “commencement of arbitral proceedings” under the Arbitration and Conciliation Act,

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WHEN THE HIGHEST BID IS STILL NOT ENOUGH: PRESERVING THE SANCTITY OF PUBLIC AUCTIONS

INTRODUCTIONIn Golden Food Products India v. State of Uttar Pradesh & Ors., 2026 INSC 22, the Supreme Court of India revisited the contours of fairness, arbitrariness and public accountability in State-conducted auctions. The Judgment, delivered on 6 January 2026 in Civil Appeals arising out of SLP (Civil) Nos. 18095–18096 of 2024, was authored by Justice

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Equality By Design: SEBI’s Latest Blueprint for AIF Investor Rights

[Kritika Jain and Niharika Singh are 4th Year B.B.A. LL.B. (Hons.) and B.A. LL.B. (Hons.) students, respectively, at Gujarat National Law University, Gandhinagar] On November 7, 2025, the Securities and Exchange Board of India (‘SEBI’) released a draft circular (the ‘Draft Circular’) seeking public comments on operational clarifications to pro-rata and pari-passu investor rights for Alternative Investment Funds (‘AIFs’). Through this,

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Cryptocurrency as Property: Madras High Court’s Ruling and the Indian Regulatory Framework

[Ashwasti Shravani is a 4th year B.B.A., LL.B. (Hons.) student at the National Law University Odisha)] On 25 October 2025, the Madras High Court delivered a landmark judgment in Rhutikumari v. Zanmai Labs Pvt. Ltdclassifying cryptocurrency as “property” under Indian law, giving legal recognition to investors’ ownership rights and establishing that crypto exchanges function as fiduciaries holding digital

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Zul Rafique & Partners Promotes Nuramira Mazlan To Partner

Zul Rafique & Partners Promotes Nuramira Mazlan to Partner The prominent Malaysian full-service law firm, Zul Rafique & Partners is pleased to announce the promotion and admission of Nuramira Mazlan as Partner, effective 1 January 2026. She joins the Firm’s Corporate Real Estate Practice Group. Nuramira Mazlan brings extensive experience in conveyancing and property-related matters,

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Cyril Amarchand Mangaldas Advised J.P. Morgan Services India On Lease Of Building No. 1 At Prestige Technology Park

Cyril Amarchand Mangaldas advised J.P. Morgan Services India on lease of Building No. 1 at Prestige Technology Park The leading law firm in India, Cyril Amarchand Mangaldas (“CAM”) acted as legal advisor to J.P. Morgan Services India Private Limited (“JPM”) in securing the lease of Building No. 1 within Prestige Technology Park, Bangalore. The transaction

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