Consider this: A Court hearing a petition under Section34 of the Arbitration and Conciliation Act, 1996 (“the Arbitration Act”) sets aside an arbitral award, not on merits, but solely on the ground.
While upholding an order passed by the state commission, the national consumer disputes redressal commission (NCDRC) directed L&T Housing Finance Ltd to pay Rs3 lakh compensation with 6%pa (per annum) interest and Rs25,000 cost for failing to return the original title deeds of a borrower in a home loan case.
The Delhi High Court has held that when there are two interconnected agreements with conflicting arbitration clauses, the arbitration clause contained in the main/umbrella agreement should be given.
The Delhi High Court has held that Section 21 notice is a mandatory pre-requisite for invoking jurisdiction of the under Section 21 of the A&C Act, The bench of Justice Jyoti Singh held that a.
Vertices Partners has acquired LegumRadix & Associates, a corporate commercial law firm that specializes in compliance and regulatory advisory services, as part of its expansion plan.