Category: Uncategorized
-
A Proposal for Dealing With Force Majeure Clauses Under Contract Law
[Posted by Umakanth Varottil] [Post by Siddharth Bajpai, who is a 4th year student at the National Law School of India University, Bangalore. Normal 0 false false false EN-IN X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:Calibri;…
-
NCLAT Order under Section 7 of the Insolvency & Bankruptcy Code, 2016
[Posted by Umakanth Varottil] [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…
-
Buddh Circuit a Permanent Establishment of Formula One: Supreme Court
[Posted by Umakanth Varottil] Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0in; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:Calibri; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} table.MsoTableGrid {mso-style-name:”Table Grid”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-priority:39; mso-style-unhide:no; border:solid windowtext 1.0pt; mso-border-alt:solid windowtext .5pt; mso-padding-alt:0in 5.4pt…
-
Supreme Court Order on “Relevant Turnover”
[Posted by Umakanth Varottil] [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…
-
SAT Order in the Satyam Case
[Posted by Umakanth Varottil] Normal 0 false false false EN-US JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”;} In July 2014, we had discussed the order of the Securities and Exchange Board of India (SEBI) then passed against…
-
BALCO’s ‘Error’ Amplified: The Supreme Court in Indus Mobile – Part II
[Posted by Umakanth Varottil] [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…
-
BALCO’s ‘Error’ Amplified: The Supreme Court in Indus Mobile – Part I
[Posted by Umakanth Varottil] [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…
-
Bankruptcy Code: Exclusion of Civil Courts in Monetary Matters?
[Posted by Umakanth Varottil] Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; mso-bidi-font-size:12.0pt; font-family:Calibri; mso-ansi-language:EN-IN;} [The following post is contributed by Bhavin Gada, Partner at Economic Laws Practice, Advocates and Solicitors, and…
-
Reforms to Restructuring Plans Under the Joint Lenders’ Forum
[Posted by Umakanth Varottil] [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…
-
DoCoMo v. TATA: Unanswered Questions Regarding Powers of the RBI
[Posted by Umakanth Varottil] [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…