Articles and Updates

Supreme Court Reiterates The Principle Of Judicial Non-Intervention In The Arbitral Process
  • Vasanth Rajasekaran and Harshvardhan Korada - 28-09-2021

The Hon'ble Supreme Court in a recent judgment in Delhi Airport Metro Express Pvt. Ltd. v. Delhi Metro Rail Corporation Ltd.1 reiterated the principle of judicial non-intervention in the arbitral process while upholding the validity of a multi-billion arbitral award rendered in the said matter. In this article, we briefly discuss the facts and circumstances which led to the aforementioned judgment of the Hon'ble Supreme Court.

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Supreme Court To Withdraw Suo Motu Extension Of Limitation Granted On Account Of Covid-19 Pandemic From 2 October 2021
  • Vasanth Rajasekaran and Harshvardhan Korada - 28-09-2021

In a recent order passed in Re: Cognizance for extension of limitation1 the Hon'ble Supreme Court has recalled the suo motu order dated 27 April 2021 that had granted further extension on the limitation period for filing cases in view of the second wave of Covid-19 pandemic. In this article, we briefly navigate through the background of the matter, and the order passed by the Hon'ble Supreme Court.

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Consolidation of debt listing regulations a questionable endeavour
  • Sawant Singh and Aditya Bhargava - 23-09-2021

n May 2021, the Securities and Exchange Board of India (SEBI) issued a discussion paper on the consolidation of the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, and the Securities and Exchange Board of India (Issue and Listing of Non-convertible Redeemable Preference Shares) Regulations, 2013, with the intent to ease compliance obligations, and to harmonise and ensure consistency with other listing related regulations.

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Drones: Soaring High With The Drone Rules 2021
  • Vasanth Rajasekaran , Nayantara Narayan and Harshvardhan Korada - 21-09-2021

On 25 August 2021, the Indian Government introduced the Drone Rules 2021 (New Rules) in a swift response to the industry feedback in relation to onerous red tape that was present in the Unmanned Aircraft System Rules, 2021 (Old Rules).

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Interested Party Not Eligible To Be An Arbitrator: Supreme Court Of India
  • Vasanth Rajasekaran - 21-09-2021

The Hon'ble Supreme Court in its recent judgment in Jaipur Zila Dugdh Utpadak Sahkari Sangh Limited and Ors. v. M/s Ajay Sales and Suppliers1 emphasised upon the impartiality of an arbitrator and held that chairman of one of the disputants would be ineligible to be an arbitrator under the Arbitration and Conciliation Act, 1996 (Arbitration Act). In this article, we briefly discuss the facts and circumstances which led to the aforementioned judgment of the Hon'ble Supreme Court.

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