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Karnataka HC grants relief to Byju's as investors plan to oust CEO

The Karnataka High Court on Wednesday ordered that any resolutions, proposed to be passed in the Friday meeting called by select Byju's investors to remove its founder Byju Raveendran as CEO and appoint a new board, are invalid until the final ...
Divya Gokulnath Byju Raveendran Articles Of Association Ao Karnataka High Court On Sands Capital Global Innovation Fund Chan Zuckerberg Initiative

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Arbitration Commences When Arbitral Tribunal Is Constituted, Not When Party Gives Receipt Of Claim: Gauhati High Court

The Gauhati High Court single bench of Justice Sanjay Kumar Medhi held that the commencement under Section 21 of the Arbitration and Conciliation Act, 1996 does not arise unless an Arbitration...
Gauhati High Court Oil India Limited Petitioner Ms Oil India High Court Ms Badri Rai And Company Badri Rai And Company Respondent
Source: livelaw.in

Unsuccessful Conciliation Proceedings Can't Be Converted Into Arbitration Without Prior Declaration Of Termination: Telangana High Court

The Telangana High Court single bench of Justice T. Madhavi Devi held that if the facilitation conciliation proceedings are unsuccessful and terminated without any settlement, the council cannot be...
Andhra Pradesh Ms Bharat Heavy Electricals Telangana High Court Bharat Heavy Electronics Medium Enterprises Development High Court
Source: livelaw.in

Seat Of Arbitration Inferred By Contractual Clauses & Conduct Of Parties, Venue Is Considered Seat In Absence Of Other Indications: Delhi High Court

The Delhi High Court single bench of Justice Anup Jairam Bhambhani held that mere expression of "place of arbitration" does not automatically indicate the seat and the determination of the seat...
New Delhi Ayushman Singh Aditya Kumar Chatterjee Piyush Sharma Armaan Verma Ravi Ranjan Developers
Source: livelaw.in

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