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Orders and Judgments Duration May 08-22, 2020

The Delhi High Court (HC) has held that the doctrine of frustration under Section 56 of the Indian Contract Act is not applicable to Lease Agreements.
This ruling is based on SC precedents which held that Section 56 is applicable only to “executory contracts” and not to “executed contracts

News and Updates Issue 37 Duration May 01-15, 2020

The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/231 dated May 13, 2020 in relation to Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit- Extension

Orders and Judgments Duration April 23, 2020 -May 07, 2020

Applying the principle that an executing Court cannot travel beyond the relief granted in a decree, the Supreme Court (SC) held that an Arbitration award fixing the price of the land cannot be executed like a decree for specific performance of sale Agreement

News and Updates Issue 36 Duration April 16-30, 2020

The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/216 dated April 17, 2020 in relation to Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances – Projects under Implementation

Orders and Judgments Duration April 08-22, 2020

Observing that the lockdown was prima facie in the nature of a force majeure, the Delhi High Court (HC) passed an interim order restraining the invocation of bank guarantees

News and Updates Issue 35 Duration April 01-15, 2020

The Salary, Allowances and Pension of Members of Parliament (Amendment) Ordinance, 2020 was promulgated on dated April 07, 2020. It amends the Salary, Allowances, and Pension of Members of Parliament Act, 1954

Orders and Judgments Duration March 23, 2020 – April 07, 2020

The Supreme Court (SC) has reiterated that the concept of ‘ex post facto’ Environmental Clearance (EC) is against the fundamental principles of environmental jurisprudence. “…environment law cannot countenance the notion of an ex post facto clearance. This would be contrary to both the precautionary principle as well as the need for sustainable development

News and Updates Issue 34 Duration March 16-31, 2020

The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/172 dated March 16, 2020 in relation to COVID-19- operational and business continuity measures

Orders and Judgments Duration March 08-22, 2020

The Supreme Court (SC) has held that “Sexual harassment at the workplace is an affront to the fundamental rights of a woman to equality under Articles 14 and 15 and her right to live with dignity under Article 21 of the Constitution as well as her right to practice any profession or to carry on any occupation, trade

COVID-19: Legal Implications
March 17, 2020

On March 11, 2020, the World Health Organization (WHO) characterised COVID-19 (Corona Virus Disease, originated in 2019) as a ‘pandemic’.