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Local Construction Firm Samwoh Corporation Receives Accolade At 2023 ASEAN Energy Awards for Singapore's First Positive Energy Industrial Building

Samwoh Corporation Pte Ltd, a leading integrated engineering and construction company, received the Energy Efficiency and Conservation Award under the Zero Energy Building category for Samwoh Smart Hub at the 2023 ASEAN Energy Awards on Friday, 25 August 2023. As the only Singapore winner in this category, Samwoh was recognised at the gala dinner for its industry-leading efforts in the development of its 15,600m2 positive energy headquarters. The Hub sits within the 3.5 hectare compound, compris ....

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Ratch to fund Indonesian expansion through investment by Egat

State-run Electricity Generating Authority of Thailand (Egat) will inject 11.25 billion baht into its subsidiary SET-listed Ratch Group Plc, Thailand's largest private power generation firm by capacity, to increase registered capital and expand investment in Indonesia, a populous country with high energy demand. ....

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Ratch approves plan to acquire 2 plants from PE

Shareholders of SET-listed Ratch Group have approved a plan to acquire two coal-fired thermal power plants, with combined capacity of 2,045 megawatts, from PT Paiton Energy (PE) in Indonesia, as part of its move to increase electricity generation capacity to 10,000MW within 2025. ....

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Does An Arbitration Clause Survive Novation Of An Agreement? - Corporate/Commercial Law


Introduction:
Sanjiv Prakash v. Seema Kukreja &
Ors.
1, the Delhi High Court has
reiterated that novation of an agreement would necessarily result
in destruction of the arbitration clause contained therein. In this
regard, it was observed that an arbitration agreement being a
creation of an agreement may be destroyed by agreement.
Facts of the case:
Respondent No. 3 had incorporated a company in 1971, under the
name of Asian Films Laboratories Private Limited, which was
subsequently renamed as ANI Media Private Limited in 1997
( Company ). The shareholders of the
said Company were Respondent No. 3 s son
( Petitioner ) and his daughter and wife
( Respondent No. 1 and ....

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