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  • Article

    Supreme Court Holds That An Arbitral Award Is Not Invalid Merely Because It Is Pronounced After The Expiry Of Arbitral Mandate, Where Time Has Been Subsequently Extended Under Section 29A Of The A&C Act

    The Supreme Court through its judgment dated 03.02.2026 in C. Velusamy v. K. Indhera, held that an application under Section 29A(5) of the Arbitration and Conciliation Act, 1996 ("A&C Act")...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That An Unsuccessful Party In Arbitration May Invoke Section 9 Of The A&C Act To Seek Interim Reliefs At The Post-Award Stage

    The Supreme Court, through its judgement dated 24.04.2026 in the matter of Home Care Retail Marts Private Limited v Haresh N. Sanghavi held that any party to an arbitration agreement, including an unsuccessful party in arbitration, may invoke Section 9 of the A&C Act at the post-award stage.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That Limitation Period To File An Application Under Section 34 Of The A&C Act Is To Be Reckoned From The Date On Which Application Under Section 33 A&C Is Disposed Off

    The Supreme Court through its judgment dated 02.06.2026 in the matter of National Highway Authority of India v T. Younis & Another held that the limitation period for filing an application challenging the arbitral award is to be computed from the date on which the application under Section 33 of the Arbitration and Conciliation Act, 1996 (“A&C Act”) is disposed off by the arbitral tribunal.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That Once An Order Under Section 8(3) Of The PMLA Is Challenged, A Deemed Embargo Operates On The Conclusion Of Proceedings Under Section 8(7) Of The PMLA

    Supreme Court through its judgement dated 06.02.2026 in M/s Nav Nirman Builders & Developers Pvt. Ltd. v Union of India held that, once an order confirming attachment under Section 8(3)...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That The Plea Of Set-off Can Be Raised As A Defence In Arbitration Proceedings Even After Approval Of Resolution Plan.

    The Supreme Court of India, by way of its judgement dated 20.03.2026 in the matter of Ujaas Energy Limited v. West Bengal Power Development Corporation Limited...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Reaffirms The Limits Of Writ Jurisdiction And Holds That Co-Operative Milk Unions Are Not ‘State’

    The Supreme Court through its judgement dated 10.04.2026 in the matter of Ram Chandra Choudhary & Others v Roop Nagar Dugdh Utpadak Sahakari Samiti Limited & Others held that District Co-operative Milk Unions (District Milk Unions) are not ‘State’ under Article 12 of the Constitution of India, 1950.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    DPDP Act And Rules Notified

    Finally, the countdown begins for the implementation of the Digital Personal Data Protection Act which ushers in a new era in India of treating personal data of an individual as their own valuable property rather than a commodity...
    IndiaPrivacy
    Sagus Legal
    Sagus Legal
  • Article

    Government Of NCT Issues Circular Regarding Registration And Stamp Duty Of Undervalued Residential Property

    The Government of National Capital Territory of Delhi, vide circular no. F1/998/REGN.BR/DIV.COMM./HQ /14/3325 dated 13.10.2025 ("Stamp Duty Circular") , in compliance with the directions of the High Court of Delhi in Amit Gupta vs. Government of NCT Of Delhi & Others.
    IndiaReal Estate and Construction
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Holds That A Developer Cannot Forfeit Buyer’s Payments And Cancel The Allotment In The Absence Of Proof Of Default Or Actual Loss

    The High Court of Delhi, through its judgment dated 18.05.2026 in the matter of M/s R.C. Sood & Co. Developers Pvt. Ltd. v. Sharad Maheshwari & Anr., dismissed an appeal challenging the decree of District Judge directing refund of INR 18,00,000/- to the purchasers in a real estate dispute arising out of cancellation of a villa allotment and alleged forfeiture of earnest money.
    IndiaReal Estate and Construction
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Holds That The Corporate Veil Of Holding Companies May Be Lifted During The CIRP Where The Associated Or Group Companies Are Inextricably Connected So As To Form Part Of One Concern.

    Supreme Court through its judgement dated 05.05.2026 in the matter of Alpha Corp Development Private Limited v Greater Noida Industrial Development Authority (GNIDA) and Others held that the corporate veil of holding companies may be lifted during the Corporate Insolvency Resolution Process (“CIRP”) where subsidiary companies are inextricably connected so as to form part of one concern.
    IndiaCorporate/Commercial Law
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Holds That Police Cannot Debit-freeze Bank Accounts Without Magistrate's Order

    The High Court of Delhi, by its order dated 16.01.2026, in the matter of Malabar Gold and Diamond Limited & Ors. v. Union of India & Ors., held that investigating agencies do not have power under Section 106...
    IndiaCriminal Law
    Sagus Legal
    Sagus Legal
  • Article

    MNRE Issued Clarification With Respect To Amendment To Revised Guidelines For Installation Of Prototype Wind Turbine Models

    The Ministry of New and Renewable Energy by its office memorandum dated 14.07.2026 has issued a clarification with respect to the amendment to ‘Revised Guidelines for installation of prototype wind turbine models issued on 25.06.2026 (“Wind Turbine Model Guidelines”)’.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    TNERC Held That Verification Of CGP Is Not A Matter In Personam But A Matter In Rem

    The Tamil Nadu Electricity Regulatory Commission (“TNERC”), through its order dated 06.03.2026 in the matter of Tamil Nadu Generation and Distribution Corporation Limited v.
    IndiaEnergy and Natural Resources
    Sagus Legal
    Sagus Legal
  • Article

    SEBI Amends LODR Regulations To Revise Procedural Requirements With Respect To Transfer And Transmission Of Securities

    SEBI, by notification dated 10.07.2026, published on 14.07.2026, has notified the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2026 (“LODR Amendment”) amending the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”).
    IndiaFinance and Banking
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Applies Principle Of Parity To Condone Delay In Filing Written Statement Before DRT

    The High Court of Delhi through its judgment dated 12.02.2026 in Avantha Holdings Limited v. ICICI Bank Limited & Ors. while applying the principle of parity held that where substantial delay on one side is overlooked, …
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Sagus Legal
    Sagus Legal
  • Article

    NCLT Kolkata Held That Acknowledgment Of Liability By Principal Borrower Extends Limitation Period For Personal Guarantor

    The NCLT, Special Bench, Kolkata through its judgment dated 18.06.2026, in Indian Bank vs. Santosh Jhawar, Personal Guarantor of M/s Burgundy Life Style Pvt. Ltd. , held that an acknowledgment of liability by Principal Borrower extends the limitation period for Personal Guarantor and maintainability of a Section 95 proceeding is not conditioned upon prior initiation of Corporate Insolvency Resolution Process (“CIRP”) against the Principal Borrower.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Bombay Affirms That Withdrawal With Liberty Does Not Confer Right To Introduce Fresh Claims

    The High Court of Bombay, by way of its judgment dated 24.03.2026 in M/s. Lahoti Properties & Ors. v. Gangabhishan & Ors., has held that withdrawal of a suit with liberty to file afresh on the same cause of action does not permit the plaintiff to introduce new or additional reliefs in the subsequent suit, ...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    High Court Of Delhi Holds That An Objection To Territorial Jurisdiction Cannot Be Raised At A Belated Stage, And Such Objection Is Deemed To Have Been Waived

    The High Court of Delhi, by way of its judgment dated 25.03.2026 in the matter of Hanuman Prasad Sharma @ H.P. Sharma v. J. Mithyleshwar , held that objections relating to territorial jurisdiction must be raised...
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Reiterated That The Venue Of Arbitration Does Not Confer Jurisdiction On The Courts Rather The Seat Of The Arbitration Does.

    The Supreme Court, through its judgement dated 15.04.2026 in the matter of J&K Economic Reconstruction Agency v Rash Bilders Indian Private Limited reiterated that the venue of arbitration does not confer jurisdiction on the courts rather the seat of the arbitration does.
    IndiaLitigation, Mediation & Arbitration
    Sagus Legal
    Sagus Legal
  • Article

    Supreme Court Held That Attachment Orders Under Benami Act Cannot Be Challenged Under IBC

    The Supreme Court, through its judgment dated 24.02.2026 in S. Rajendran v. The Deputy Commissioner of Income Tax...
    IndiaTax
    Sagus Legal
    Sagus Legal

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