This article discusses the Supreme Court's clarification on Section 29A(5) of the Arbitration and Conciliation Act, addressing whether an application for extending the time limit to pass an arbitral award can be filed after the expiry of the prescribed period. Learn how the court's ruling affects arbitration timelines and tribunal mandates
Lex Summary
This article discusses the Supreme Court’s clarification on Section 29A(5) of the Arbitration and Conciliation Act, addressing whether an application for extending the time limit to pass an arbitral award can be filed after the expiry of the prescribed period. Learn how the court’s ruling affects arbitration timelines and tribunal mandates
Lex Summary
Supreme Court quashes criminal proceedings in N.S. Gnaneshwaran case after One Time Settlement between parties, emphasizing no continuing public interest warrants prosecution continuation.
Lex Summary
This article discusses the Supreme Court’s clarification on Section 29A(5) of the Arbitration and Conciliation Act, addressing whether an application for extending the time limit to pass an arbitral award can be filed after the expiry of the prescribed period. Learn how the court’s ruling affects arbitration timelines and tribunal mandates
Lex Summary
Explore the concept of implied consent in arbitration proceedings under Section 29-A of the Arbitration and Conciliation Act, focusing on the recent 2024 Madras High Court judgment in Ayyasamy vs. Shanmugavel. Understand the implications of continuing arbitration beyond the 12-month statutory limit.
Lex Summary
The Supreme Court of India issued mandates to lower courts on staying bail orders in the Parvinder Singh Khurana case. Learn about the judgment balancing personal liberty and judicial procedure in bail cancellation cases.
Lex Summary
Read the recent Appellate Tribunal’s ruling which examines its jurisdiction to release attached property under money laundering crimes. This case helps readers understand the powers conferred upon the Appellate Tribunal under the PMLA, 2002, specifically in terms of Sections 8 and 35 of the PMLA, 2002.
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Explore the power of arbitrator’s power to grant interest on interest in awards. This article delves into the legal interpretations under the Arbitration Act 1940, Civil Procedure Code, and the Arbitration Act 1996, providing insights on when and how arbitrators can award compound interest and interest on interest.
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The Delhi High Court quashed the Adjudicating Authority’s order for reversing Input Tax Credit (ITC) against Hanuman Industrial Corporation due to a lack of evidence proving supplier defaults in tax payments. The court emphasized the need for clear proof of non-compliance by suppliers under the GST law.
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Learn about the recent GST Council recommendations and Madras High Court judgment offering relief to taxpayers facing GST demands, including potential interest and penalty waivers for certain cases from FY 2017-18 to FY 2019-20.
Lex Summary
Supreme Court of India clarifies the limited scope of revisional powers under Section 397 CrPC in K. Ravi vs. State of Tamil Nadu & Anr., emphasizing judicial restraint in criminal proceedings.