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GST Cafe | Relaxations in the refund application and the application for revocation of cancellation of registration: CBIC

We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the relaxations in the refund application and the application for revocation of cancellation of registration by the Central Government, vide notification no. 15/2021 dated 18th May, 2021. To read the GST Cafe, click at the Download Newsletter. […]

Competition News Bulletin -Jan-May, 2021

We are glad to share the Jan-May 2021 edition of our newsletter – Competition News Bulletin. Some highlights of this issue are as under: CCI closes investigation in the airline industry CCI imposes penalty for bid-rigging in the procurement of sewing machines CCI directs investigation against Tata Motors Ltd for imposing unfair terms & conditions […]

Between the Lines | Supreme Court: Refusal to condone delay under Section 34(3) of the Arbitration and Conciliation Act, 1996, is appealable under Section 37 of the said Act

The Hon’ble Supreme Court (“SC”) by its judgment in Chintels India Limited v. Bhayana Builders Private Limited [Civil Appeal No. 4028 of 2020], on February 11, 2021, held that refusal to condone delay under Section 34(3) of the Arbitration and Conciliation Act, 1996 (“1996 Act”) was appealable under Section 37 of the 1996 Act. Facts […]

Between the Lines | Supreme Court: Insolvency process maintainable against Corporate Guarantor even if principal borrower is not a ‘Corporate Person’

The Supreme Court (“SC”) has in its judgment dated March 26, 2021, in the matter of Laxmi Pat Surana v. Union Bank of India and Another [Civil Appeal No. 2734 of 2020], held that a principal borrower need not be a ‘corporate person’ where insolvency proceedings are initiated against a company which acted as the […]

Between the Lines | Supreme Court: An application seeking reference to arbitration under Section 8 of the Arbitration and Conciliation Act is not maintainable, if filed after admission of an insolvency resolution petition under Section 7 of the Insolvency and Bankruptcy Code

The Hon’ble Supreme Court (“SC”) has in its judgment dated March 26, 2021 (“Judgement”), in the matter of Indus Biotech Private Limited v. Kotak India Venture (Offshore) Fund and Others [Arbitration Petition No.48 of 2019 with Civil Appeal No.1070/2021 arising out of SLP (C) NO. 8120 OF 2020], held that an application seeking reference to […]

Between the Lines | Supreme Court: The parties to a contract who are Indian nationals or companies incorporated in India can choose a forum for arbitration outside India

The Hon’ble Supreme Court (“SC”) has in its judgment dated April 20, 2021 (“Judgement”), in the matter of PASL Wind Solutions Private Limited v. GE Power Conversion India Private Limited [CIVIL APPEAL NO. 1647 OF 2021], held that the parties to a contract who are Indian nationals or companies incorporated in India can choose a […]