A Bench comprising of
Navin Sinha and
KM Joseph observed that an application under Section 34 of the Arbitration and Conciliation Act to set aside an award is covered by moratorium under Section 14 of the Insolvency and Bankruptcy Code.
Section 34 proceeding is a proceeding against the corporate debtor in a court of law pertaining to a challenge to an arbitral award and would be covered just as an appellate proceeding in a decree from a suit would be covered, the bench headed by Justice RF Nariman observed in the judgment titled P Mohanraj & Ors. v. M/s Shah Brothers Ispat Ltd.
: Saturday, March 13, 2021, 1:35 PM IST
Analysis: Here s what the Supreme Court and High Courts of India had to say this week
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This segment highlights the important issues of the Indian Legal System of the week objectively and with a magnified legal lens factually.
What made Headlines from the Supreme Court of India this week?
1. The Top Court issued Notice on a plea challenging validity of provisions under the Places of Worship (Special Provisions) Act, 1991. Supreme Court Bench led by Chief Justice Bobde issued notice to the Ministry of Law and Justice, Ministry of Home Affairs and the Ministry of Culture. The Act, as alleged, takes away the power of Court and Religious Sects to restore their places of Worship. Challenge has been sought against Sections 2,3,4 Places of Worship (Special Provisions) Act, 1991 on the grounds of Article 14,15,21,25,26 and 29 of the Constitution.
Sole Proprietorship Will Fall Under International Commercial Arbitration If Proprietor Is Foreign Resident : Supreme Court livelaw.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livelaw.in Daily Mail and Mail on Sunday newspapers.