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Madras High Court Allows Revision Petition Challenging Return of Section 34 Petition for Lack of Jurisdiction — Holds That Exclusive Jurisdiction Clause in Contract and Prior Section 9 Filing at Salem Confer Jurisdiction on Salem Courts Under Section 42 of Arbitration and Conciliation Act, 1996.

The revision petitioner, Waterbury Farrel, a division of Magnum Integrated Technologies Inc., Canada, filed Arb.O.P.No.103 of 2019 before the Principa...

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Bombay High Court Allows Extension of Time for Arbitration in Infrastructure Dispute Under Section 29-A of Arbitration and Conciliation Act, 1996. Court Grants Six Months Extension for Completion of Pending Arbitration Proceedings with Consent of Both Parties.

The petitioner, K.I.P.L. Vistacore Infra Projects J.V., filed a Commercial Arbitration Petition under Section 29-A of the Arbitration and Conciliation...

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Supreme Court Allows Appeal in Arbitration Case Due to Court Closure During Limitation Period — Condonation of Delay Granted. The period of court closure during winter vacation is excluded for computing limitation under Section 34(3) of the Arbitration and Conciliation Act, 1996.

The appellant, aggrieved by an arbitral award dated 24.08.2016, sought to challenge it under Section 34 of the Arbitration and Conciliation Act, 1996....

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Bombay High Court Dismisses Application to Strike Off Defence in Foreign Award Enforcement Proceedings. Security Deposit Condition Not a Bar to Defend Petition on Merits Under Order 39 Rule 11 CPC and Section 49 of Arbitration and Conciliation Act, 1996.

The petitioners, Pacific Basin Handymax (UK) Ltd., filed a Notice of Motion under Order 39 Rule 11 of the Code of Civil Procedure, 1908, seeking to st...

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Bombay High Court Dismisses Appeal in Share Dispute Case — Upholds Trial Court's Refusal of Interim Injunction. Court held that the appellants failed to establish a prima facie case for restraining the pledge of shares, as the shares were not proved to be held in a fiduciary capacity.

The case involves a dispute between two branches of the Arya family over shares of Arya Iron & Steel Co. Pvt. Ltd. The appellants, Ravi Arya and other...