Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 13 APRIL 2022

Dispute Resolution & Arbitration Monthly Update | April 2022

HSA Advocates
Explore more from HSA Advocates

A Collaboration Agreement was executed between Universal Petro Chemicals Ltd (Appellant) and Aral Lubricants, a German company (Respondent No. 3), under which the Appellant was required to manufacture...

IndiaLitigation, Mediation & Arbitration
Faranaaz Karbhari
Faranaaz Karbhari
Kshitiz Khera
Kshitiz Khera
Rahul Jain
Rahul Jain
Mahafrin Mehta
Mahafrin Mehta
Khushboo Rupani
Khushboo Rupani
Akriti Shikha
Akriti Shikha
Aasiya Khan
Aasiya Khan
Author LinkedIn connections

Universal Petro Chemicals Ltd v. B.P. PLC and Ors

Civil Appeal Nos. 3127 and 3128 of 2009

Background facts

  • A Collaboration Agreement was executed between Universal Petro Chemicals Ltd (Appellant) and Aral Lubricants, a German company (Respondent No. 3), under which the Appellant was required to manufacture lubricants using the formulation of Aral and was given exclusive license for distribution, blending, rebranding, and marketing of Aral lubricants in India (Collaboration Agreement). Subsequently, necessary approvals were obtained from RBI under the Foreign Exchange Management Act, 1973, which were incorporated in the Collaboration Agreement by way of a supplementary agreement.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Decree Execution Under Order XXI CPC – An In-depth Insight

Order XXI of the Code of Civil Procedure, 1908 provides the comprehensive framework for executing decrees in Indian civil litigation. This article examines the procedural mechanisms for decree execution, including filing execution petitions, methods of property attachment, and the legal processes for recovering money decrees through sale of attached assets.
IndiaLitigation, Mediation & Arbitration
Maheshwari & Co. Advocates & Legal Consultants
Maheshwari & Co. Advocates & Legal Consultants
Article

Section 35(3) BNSS Notice Is The Rule, Arrest An Exception For Offences Up To 7 Years: Supreme Court

In Satender Kumar Antil v. Central Bureau of Investigation, 2026 INSC 115, the Supreme Court of India has reiterated and strengthened the safeguards governing arrest under the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS), holding that issuance of notice under Section 35(3) of the BNSS is the rule in cases involving offences punishable with imprisonment of up to seven years.
IndiaLitigation, Mediation & Arbitration
Vaish Associates Advocates
Vaish Associates Advocates
Article

The Limitation Clock On Money Recovery: Understanding Article 113, Acknowledgment And Extension Under Indian Law

Understanding the critical timelines and legal frameworks governing money recovery suits in India requires navigating the complex interplay between the Limitation Act of 1963 and the Indian Contract Act of 1872. When does the clock actually start ticking on your right to sue, and how can acknowledgments or digital evidence extend or restart that crucial three-year window?
IndiaLitigation, Mediation & Arbitration
Maheshwari & Co. Advocates & Legal Consultants
Maheshwari & Co. Advocates & Legal Consultants
Article

Major Reform In Maharashtra: Sanad Requirement Removed For Land Conversion

The Government of Maharashtra has taken a significant step towards enhancing ease of doing business by rationalising the framework governing agricultural land conversion. As per the recent amendment to the Maharashtra Land Revenue Code, 1966 (MLRC), notified on 31 December 2025, and the Government Resolution dated 10 February 2026, the requirement of obtaining a separate sanad or non-agricultural permission from the Collector has been abolished for permissible non-agricultural uses under the Development Plan or Regional Plan under the Maharashtra Regional and Town Planning Act, 1966 (MRTP).
IndiaReal Estate and Construction
HSA Advocates
HSA Advocates
Article

From Permission To Approval: Decoding The Maharashtra Land Revenue Code Amendment 2026

The Maharashtra Land Revenue Code (Second Amendment) Act, 2026 (L. A. BILL No. XXVIII OF 2026) represents a significant reform in the regulation of government land transactions in Maharashtra. Introduced in the Maharashtra Legislative Assembly on 24th March 2026, it focuses primarily on amending Section 37A of the Maharashtra Land Revenue Code, 1966, a provision that governs the sale, transfer, redevelopment, use of additional Floor Space Index (“FSI”), transfer of Transferable Development Rights (“TDR”), and change in use of government land.
IndiaGovernment, Public Sector
HSA Advocates
HSA Advocates
Article

More Than A Signature: Supreme Court Clarifies When Non-Signatories Can Be Bound By Arbitration

The Supreme Court, in KKH Finvest Pvt. Ltd. & Anr. v. Ashiesh Shukla & Ors., 2026 SCC OnLine SC 1498, has reaffirmed an important principle governing the reference of disputes involving non-signatories to arbitration. The Hon’ble Court held that the absence of a signature on an arbitration agreement is not, by itself, determinative of whether a person can be bound by the arbitration agreement.
IndiaLitigation, Mediation & Arbitration
HSA Advocates
HSA Advocates