Page 7 - Contract Act News Today

The High Court of Delhi has held that an arbitrator should not refuse to take on record any additional material evidence merely on the ground of certain procedural ground such as non-payment of...

The High Court of Delhi has held that no compensation can be awarded for the prolongation of the contract if the contractor did not reserve its right to such compensation at the time of the seeking...

The Calcutta High Court has recently held that damages being claimed by a party, must satisfy the threshold of credibility, and not be mere “guesstimates” made without legal basis. Petitioner was...

NL Corresspondent Hyderabad: NMDC, a prominent public sector company in India, conducted a training program as part of its Vigilance Awareness Week 2023 campaign. The program was led by the company’s Chief Vigilance Officer, B. Vishwanath (IRSS), who highlighted the role of the Central Vigilance Commission’s guidelines in achieving fair, ethical, and sustainable development. Speaking

The Supreme Court has referred the issue of unstamped arbitration agreements to a seven-judge bench for reconsideration. The court decided to review the verdict of a five-judge bench, which stated that unstamped agreements are not enforceable in law. The matter will be heard on October 11.

In India, the issuer of Surety Bonds should be in a position to legally enforce tripartite contracts that guarantee compliance, payment and/or performance, sources said.

In today's rapidly evolving business landscape, the role of independent contractors has become increasingly significant.

The Supreme Court on Wednesday said that it will soon hear the curative petition on the issue whether that unstamped/insufficiently stamped arbitration agreements are unenforceable.Chief Justice of...

The Supreme Court observed that the question whether a cheque was issued towards a time barred debt is to be decided on evidence."It is only in cases wherein an amount which is out and out...

Work remains to ensure federal government jobs create real economic advancement for Black people, NAACP and CWA leaders write in this op-ed.