Introduction
In a landmark decision[i] rendered on April 1, 2025, the Hon’ble Supreme Court held (“Supreme Court”)that the Hon’ble National Company Law Appellate Tribunal (“NCLAT”) transgressed its jurisdiction by interfering with the resolution plan clause pertaining to the treatment…
The Hon’ble Supreme Court of India, on 30 April 2025, in a landmark judgment in Gayatri Balasamy v. M/s ISG Novasoft Technologies Limited,[1] addressed questions surrounding the power of courts to modify arbitral awards under Sections 34 and 37…
In Adavya Projects Pvt. Ltd. v M/s Vishal Structurals Pvt. Ltd.[1](“Judgment”), the Supreme Court of India (“Court”) has held that the arbitral tribunal has the power to implead parties to arbitration proceedings even where the said parties were…
The Ministry of Home Affairs (“MHA”) issued a public notice[1] under the Foreign Contribution (Regulation) Act, 2010 (“FCRA”), on April 7, 2025, (“April Notice”) changing the validity and scope of prior permission sought for specific projects.…
The recent imposition of “reciprocal tariffs” by the United States (“US”) and the potential reaction/retaliation from trade partners is indicative of global trade dynamics entering an era of aggressive tariff enforcement and geopolitical recalibration.…
Arbitration jurisprudence in India continues to vacillate when it comes to the interplay between exclusive jurisdiction clause and arbitration clause, particularly in the realm of domestic arbitration. A key challenge lies in determining which Court will have supervisory jurisdiction over…
The U.S. Department of Commerce Bureau of Industry and Security (“BIS”), on April 14, 2025, announced the initiation of an investigation into the imports of pharmaceuticals and pharmaceutical ingredients as well as semiconductors and semiconductor manufacturing equipment in the context…
Introduction:
It is settled law under the mandate of the Code of Civil Procedure, 1908, that maximum 120 days will be provided for filing of a written statement in a commercial suit. On expiry of 120 days from the date…
INTRODUCTION
In Re Compuage Infocom Ltd[1] (“Judgment”), the Singapore High Court (“Court”) has recognized the Corporate Insolvency Resolution Process (“CIRP”) of an Indian company under the Insolvency and Bankruptcy Code, 2016 (“IBC”) and granted assistance to the Resolution Professional…
