Page 6 - Contract Act News Today

Recently, the Supreme Court, while rendering an arbitral award as patently illegal and being in conflict with the “public policy of India”, held that a claim for damages cannot as a matter of course...

India News: A slum redevelopment project in Mumbai worth Rs 10,000 crore has become the subject of a dispute between three top builders. DLF and Shapoorji Pallonj

A Rs 800-crore loan was secured to get on with construction and the stakes held by all three shareholders was pledged as additional security to PNB Housing Finance. When JHL failed to repay the loan, its account became a Non-Performing Asset in January 2022.

The Kerala High Court recently held a mere demand for dowry or any property or valuable security without the ingredient of cruelty would not attract the offence under Section 498A IPC. It held that...

The Supreme Court cannot leave the issue to the vagaries of future litigation, a seven-judge bench said on the impact of a wrong precedent will be severe | Latest News India

Frustration is a helplessness arising from impossibility. The doctrine of frustration therefore discharges parties from their obligation to perform a contract when a contract is hit by an event...

A seven-judge bench expressed its doubt on the correctness of a Supreme Court ruling in April that held an arbitration clause is void and not enforceable in law if the agreement is unstamped or insufficiently stamped | Latest News India

The High Court of Delhi has held that the provisions of Uttar Pradesh Regulation of Cold Storages Act, 1976 does not exclude the remedy of arbitration. The bench of Justice Neena Bansal Krishna...

(This story has not been edited by THE WEEK and is auto-generated from a PTI

The High Court of Delhi has held that an award which blatantly misapplies the provisions of the Contract Law resulting in a perverse interpretation of the law, is liable to be set aside. The ...