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HC allows commercial suit of Rs 938cr against NSEL defaulter NK Proteins

HC allows commercial suit of Rs 938cr against NSEL defaulter NK Proteins
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

Bombay HC allows commercial suit of Rs 938cr against NSEL defaulter NK Proteins

Bombay HC allows commercial suit of Rs 938cr against NSEL defaulter NK Proteins
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

CJI Ramana: Make mediation mandatory before litigation

CJI Ramana: Make mediation mandatory before litigation
telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.

Indian Supreme Court Temporarily Suspends COVID Limitations Periods

Tuesday, May 4, 2021 Introduction With a sharp rise in the number of Covid-19 cases and related causalities across the country, the second wave has led the country into an unprecedented crisis. When Covid-19 first hit the planet last year, the Supreme Court took cognizance of the situation and accordingly on March 23, 2020, passed an order extending the limitation period for petitions, applications, suits, appeals and all other proceedings under the general or special law, both under central and/or state legislations, in all courts and tribunals across the country. This order was with effect from March 15, 2020 and was binding on all courts and tribunals in India. The Apex Court invoked their inherent power under Article 141 and 142 of the Constitution of India and passed such an order taking into account the difficulties that may be faced by the litigants across the country on account of the Covid-19 pandemic. Further clarifications were issued by the Supreme Court vid

Two Indian Parties Allowed to Choose Foreign Seat of Arbitration

Tuesday, May 4, 2021 Two Indian parties are entitled to elect a seat of arbitration outside India; The expression “International Commercial Arbitration” in Part I of the Arbitration Act is party-centric, whereas, when used in the context of Part II signifies a place-centric approach; Resultantly, a foreign seated arbitration between two Indian parties would qualify as “International Commercial Arbitration” under Part II of the Arbitration Act, and enforcement of a foreign award arising thereunder will have to be filed before the High Court; Two Indian parties are entitled to interim reliefs before Indian Courts, even if their arbitration is seated outside India;

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