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Bombay High Court Dismisses Appeals Against Arbitral Award in Partnership Dispute — Upholds Valuation Based on Book Value as Per Partnership Deed. Clause-11 of Partnership Deed Mandates Asset Valuation on Book Value Basis, Not Market Value, Under Section 48 of Indian Partnership Act, 1932.

The case involves two appeals filed by Dr. Vijaypat Singhania and others (Appeal No. 361 of 2010) and Dr. Gaur Hari Singhania and others (Appeal No. 5...

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Bombay High Court Hears Petition Under Section 37 of Arbitration Act Challenging Arbitrator’s Interim Order in Film Remake Rights Case. Dispute Involves Enforcement of Agreement Dated 24 January 2012 Granting Remake Rights of Film 'Zanjeer' and Payment of Instalments.

The petition was filed under Section 37 of the Arbitration and Conciliation Act, 1996, challenging an interim order dated 16 July 2012 passed by the l...

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High Court of Karnataka Dismisses State's Commercial Appeal, Upholds Arbitral Award in ICT Project Dispute — Termination Found Unlawful. Composite Contract and Direct Nexus Between State and Consortium Rendered Claim Maintainable, and Arbitral Award of Rs.178.98 Crores Not Against Public Policy.

The appeal arises from an arbitral award of Rs.178,98,38,525 in favour of respondent No.1, a consortium partner, against the State of Karnataka for wr...

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Supreme Court Allows Amendment of Plaint in Contract Dispute — Continuous Cause of Action Does Not Require Fresh Notice Under Section 80 CPC. The court upheld the High Court's order permitting amendment to bring subsequent debarment orders on record, as they arose from the same cause of action.

The dispute arose from a tender floated by the Superintending Engineer, PWD, Kolkata on 04.12.2013 for strengthening the Howrah-Amta Road. The respond...

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Supreme Court Adjudicates on Regularization of Muster Roll Workers in Assam. Division Bench's Reversal of Single Judge's Regularization Direction Under Scrutiny.

The present batch of appeals originated from a common judgment and order dated 8th June 2017 passed by the Division Bench of the Gauhati High Court in...