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Orders and Judgments Duration April 08-22, 2021

The Delhi High Court (HC) held that an arbitral tribunal ought to decide the objection under Section 16 of the Arbitration & Conciliation Act 1996 as soon as possible, as a preliminary ground. The Court observed, “The statute contemplates that the party raising the objection has to raise it with alacrity and hence by an overall reading of Section 16 and especially

News and Updates Issue 07 Duration April 01-15, 2021

The Reserve Bank of India (RBI) has issued a press release RBI/2020-21/110 dated March 23, 2021 in relation to Amendment to Master Direction (MD) on KYC – Procedure for Implementation of Section 51A of the Unlawful Activities (Prevention) Act

Orders and Judgments Duration March 23, 2021- April 07, 2021

The Supreme Court (SC) on has observed that mere recovery of currency notes is not sufficient to be considered as an offence under section 7 of the Prevention of Corruption Act (PCA). A bench of Justice Ashok Bhushan, Subash Reddy, and M.R. Shaw observed

News and Updates Issue 06 Duration March 16-31, 2021

The Reserve Bank of India (RBI) has issued a press release RBI/2020-21/110 dated March 23, 2021 in relation to Amendment to Master Direction (MD) on KYC – Procedure for Implementation of Section 51A of the Unlawful Activities (Prevention) Act

Orders and Judgments Duration March 08-22, 2021

A Division Bench of the Madhya Pradesh High Court (HC), has said in a recent order that commercial matters involving Arbitration disputes can only be heard by commercial court of the status of district judge or additional district Judge. The Bench held that

News and Updates Issue 05 Duration March 01-15, 2021

The Reserve Bank of India (RBI) has issued a press release RBI/2020-21/106 dated March 12, 2021 in relation to data format for furnishing of credit information to credit information companies and other regulatory

Orders and Judgments Duration February 23, 2021 – March 07, 2021

The High Court (HC) bench clarified that in a regular appeal it is open to the Court to embark on a fact-finding exercise, to re-read and re-appraise the evidence, to interpret the documents afresh, and to do all things de novo that the Court of original jurisdiction

Crypto Currency at a glance R1

Cryptocurrency is a medium of exchange, created and stored electronically in the blockchain, using encryption techniques to control the creation of monetary units and to verify

News and Updates Issue 04 Duration February 16-28, 2021

The Reserve Bank of India (RBI) has issued a press release RBI/2020-21/99 A.P. (DIR Series) Circular No. 11 dated January 16, 2021 in relation to remittances to International Financial Services Centres (IFSCs) in India under the Liberalised Remittance

Orders and Judgments Duration February 08-22, 2021

It is best if the arbitral tribunal decides on the question of the existence of a valid arbitration agreement. When there is a doubt regarding the validity of an arbitration agreement, the Court must send the matter to the arbitral tribunal