Category: Uncategorized
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A Proposal for Dealing With Force Majeure Clauses Under Contract Law
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NCLAT Order under Section 7 of the Insolvency & Bankruptcy Code, 2016
[Post by Diksha Jain, who is a 5th year student at the National Law University, Jodhpur] The National Company Law Appellate Tribunal (NCLAT) in its order dated 15 May 2017 in Innoventive Industries Ltd. v. ICICI Bank has ruled on certain important requirements to be complied with while admitting an application filed under Section 7…
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Buddh Circuit a Permanent Establishment of Formula One: Supreme Court
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Supreme Court Order on “Relevant Turnover”
[The following post is contributed by Akshay Bhatia, who is a 4th year student at the National Law University Odisha] The Supreme Court (SC) in its order on 8 May, 2017 in Excel Crop Care Limited v. the Competition Commission of India has adopted for the first time the concept of relevant turnover while computing…
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SAT Order in the Satyam Case
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BALCO’s ‘Error’ Amplified: The Supreme Court in Indus Mobile – Part II
[The following post is contributed by Puneet Dinesh, who is a III year student at the National Law University, Delhi. He can be reached at puneetdin@gmail.com. The first part in the series can be accessed here.] In the earlier post, I had covered the First Idea that gets picked up in Indus Mobile and had…
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BALCO’s ‘Error’ Amplified: The Supreme Court in Indus Mobile – Part I
[The following post is contributed by Puneet Dinesh, who is a III year student at the National Law University, Delhi. He can be reached at puneetdin@gmail.com.] The Supreme Court’s and the High Court’s approach to ‘arbitral seat’ vis-à-vis exclusive jurisdiction to courts has generated both controversies and analyses. The Delhi High Court (in NHPC Limited,…
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Bankruptcy Code: Exclusion of Civil Courts in Monetary Matters?
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Reforms to Restructuring Plans Under the Joint Lenders’ Forum
[The following post is contributed by Nitu Poddar, Practicing Company Secretary, and Vallari Dubey, Executive, at Vinod Kothari & Co. They can be reached at nitu@vinodkothari.com and vallari@vinodkothari.com respectively.] The Joint Lenders’ Forum (JLF) and Corrective Action Plan (CAP) work on the principle of identifying the stress in a borrower entity and curing it at…
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DoCoMo v. TATA: Unanswered Questions Regarding Powers of the RBI
[The following post is contributed by Ambarish, who is a corporate lawyer. Views are personal. A related post on the topic can be found here.] The decision of the Delhi High Court in NTT Docomo Inc v. Tata Sons Limited has received a lot of media attention, specifically the part where the Court rejected an…
