SC: Holds That Application To Extend Is Maintainable Even After Award Rendered Beyond Statutory Deadline

Article 21 of the Indian Constitution provides for the fundamental right to life and personal liberty, and its interpretation by the Indian judiciary has significantly impacted the protection of

The Delhi High Court in its decision in M/s KLA Const. Technologies Pvt. Ltd. vs M/s Gulshan Homz Private Limited inter alia held that the designation of a seat of arbitration carries with it exclusive supervisory jurisdiction...

In daily parlance, certain words appear to be familiar, but their purport, import and subtlety need to be understood, which requires extensive knowledge, skill of interpretation and ability to grasp the context.

A cheque is supposed to offer something close to certainty in a commercial transaction. When a cheque is issued, the recipient ordinarily expects that it will be honoured when presented. A dishonoured cheque, therefore, is not merely a failed payment; it can have wider consequences for the credibility and discipline of commercial dealings.

In practice, more often than not, in a dispute over title of a land/property, it is seen that the parties assert their title by placing reliance upon their name being reflected in the revenue records.

A two judge bench of the Hon’ble Supreme Court of India (“Supreme Court”) in S. Valliammai and Ors. vs. S. Ramanathan and Anr. recently held that Order II Rule 2, Code of Civil Procedure, 1908 (“CPC”) cannot constitute a ground for rejection of plaint under Order VII Rule 11(d) of the CPC. The Supreme Court drew a critical distinction between the two provisions clarifying that while Order II Rule 2 curtails the right to sue for certain claims or reliefs, but it does not bar filing of a suit under Order VII Rule 11(d) of the CPC.

The Supreme Court in its recent judgment in Vedanta v Shenzen Shandong Nuclear Power Construction Co has laid down guidelines to be followed by arbitrators for awarding interest in international commercial arbitrations which have a seat in India.

In the recent case of Mukesh vs. The State of Madhya Pradesh and Anr., the Hon'ble Supreme Court of India adjudicated on the issue of whether compromise decrees that assert pre-existing rights necessitate registration under the Registration Act, 1908 and are subject to stamp duty under the Indian Stamp Act of 1899.

On September 23, 2021, the Supreme Court withdrew the suspension of limitation that was in place since March 23, 2020, when COVID-19 pandemic gripped the country.

The SC, in BPL Limited v. Morgan Securities and Credits Private Limited, held that the arbitral tribunal would have the discretion to grant interest, for the period...

The Reserve Bank of India has introduced a new classification system for Non-Banking Financial Companies, fundamentally changing registration requirements based on public funding access, customer interface, and asset size thresholds. These regulatory changes create distinct compliance pathways for different NBFC categories while introducing new rules for group entities and overseas investments.

The SC, in BPL Limited v. Morgan Securities and Credits Private Limited, held that the arbitral tribunal would have the discretion to grant interest, for the period...

The Reserve Bank of India has significantly liberalised the framework for Special Non-Resident Rupee Accounts, removing the requirement for account holders to demonstrate business interest in India and expanding operational flexibility. These amendments to the Foreign Exchange Management (Deposit) Regulations, 2016 also permit SNRR Accounts to be opened with Authorised Dealer Banks in International Financial Services Centres and streamline transfer mechanisms between various non-resident account types.

SEBI has, by way of two Circulars, each dated May 7, 2025, revised Chapters 3 and 4 of both, the Master Circular on InvITs and the Master Circular on REITs dated May 15...

In a significant development, the Indian Finance Minister introduced few sweeping investor friendly tax amendments to the Income-tax Act, 1961. Effective from FY 2019-20, these include:

Securities and Exchange Board of India (‘SEBI’) has notified the SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2026 by way of Notification No. SEBI/LAD-NRO/GN/2026/299...

Indian courts have, in recent times, increasingly been confronted with novel legal questions arising from the intersection of AI-generated outputs and the rights that may subsist in, or be affected by, such outputs.

The Supreme Court of India has applied the doctrine of 'transnational issue estoppel' in a landmark ruling, establishing that parties cannot re-litigate issues already decided by foreign courts when challenging foreign award enforcement in India. This decision addresses the critical intersection of international arbitration, foreign judgments, and domestic enforcement proceedings.

The RBI, by way of its Circular dated April 21, 2025, has issued revised guidelines on the opening and operation of deposit accounts for minors...

On August 7, 2019, CCI directed the Director General to investigate into the allegations made by Mr. Shravan Yadav, Mr. Amitsinh Tanvar and Mr. Lavmeet Katariya.