Articles and Updates

• Vasanth Rajasekaran and Reshma Ravipati - 20-04-2020

A lot of information is available on the internet today, regarding applicability of 'force majeure' clauses to the disruptions caused in business activities due to the prevailing COVID-19 crisis. In the wake of this pandemic, while it is important to understand the general legal position in this regard, it is equally important to follow and understand how courts are actually handling cases where the 'force majeure' exemption is being raised. The High Court of Bombay (Court) recently dismissed a plea invoking the 'force majeure' exemption, in a contract involving steel importers.

• Abhishek Saxena and Aashna Kothiyal - 18-04-2020

This article provides a brief background leading up to the enactment of India’s current insolvency law, the Insolvency and Bankruptcy Code, 2016. It also discusses the most recent landmark judgment of the Supreme Court of India in Committee of Creditors of Essar Steel India Ltd v Satish Kumar Gupta & Ors Civil Appeal No 8766-67 of 2019 and analyses its significance for development of insolvency jurisprudence and will be a useful guide to international clients and law firms involved in insolvency proceedings in India.

• Vasanth Rajasekaran , Saurabh Babulkar and Reshma Ravipati - 13-04-2020

Vasanth Rajasekaran along with Saurabh Babulkar and Reshma Ravipati discusses twenty of the most significant judgments rendered by various Indian courts in relation to arbitration law, in the first quarter of 2020.

• Sawant Singh and Aditya Bhargava - 10-04-2020

Sawant Singh and Aditya Bhargava provide a ringside view on the great escape in a recent bank crisis.

• Abhishek Saxena and Aashna Kothiyal - 07-04-2020

Our partner Abhishek Saxena and associate Aashna Kothiyal analyze the order passed by Hon'ble Bombay High Court in Rural Fairprice Wholesale Limited & Anr. v. IDBI Trusteeship Services Limited & Ors granting an injunction/stay against the sale of pledged shares taking note of the COVID-19 pandemic.