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Supreme Court Considers Scope of Section 45 of Arbitration and Conciliation Act in International Commercial Disputes. Multiple Issues Framed on Reference to Arbitration in Multi-Party Joint Venture Agreements.

The dispute arose from a series of joint venture and ancillary agreements executed between Indian company Chloro Controls (I) P. Ltd. and foreign coll...

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High Court of Karnataka Allows Bank's Appeal in Bond Amount Recovery Dispute — Refund of Rs. 3,00,000 Set Aside. Clause 11(k) of Appointment Letter and Indemnity Bond Held Valid and Enforceable as Employee Resigned Before Completing Stipulated Service Period.

The case pertains to a writ appeal filed by Vijaya Bank (now Bank of Baroda) against an order of a learned Single Judge of the Karnataka High Court. T...

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Supreme Court Allows PIL Seeking Scribe Facility for Person with Disability Without Benchmark Disability — Rights of Persons with Disabilities Act, 2016. Benchmark Disability Not a Precondition for Reasonable Accommodation in Examinations Under Sections 2(s), 2(t), 3, 16, 17, 20 of RPwD Act, 2016.

The petitioner, Gulshan Kumar, a person with 25% permanent disability due to Focal Hand Dystonia (Writer's Cramp), filed a Public Interest Litigation ...

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Bombay High Court Dismisses Petition Challenging Rejection of Discharge in Bank Fraud Case — Petitioner, a General Manager of a Cooperative Bank, Allegedly Violated RBI Guidelines by Investing in Non-SLR Securities Through a Broker, Causing Loss to the Bank.

The petitioner, Kishore Deshpande, was the General Manager of CKP Co-operative Bank Ltd. and was arraigned as accused No.5 in FIR No. RC 8/E/2010 regi...

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Bombay High Court Allows Summary Judgment in Favor of Negotiating Bank in Letter of Credit Dispute. Issuing Bank's Acceptance of Documents Under Irrevocable LC Is Final and Cannot Be Revoked Based on Allegations of Forgery Without Evidence.

The plaintiff, Malayan Banking Berhad, a Malaysian bank, filed a summary suit against Indusind Bank Limited, an Indian bank, claiming Rs. 3,47,87,865....

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Bombay High Court Dismisses Employee's Suit for Wrongful Termination - Acceptance of Severance Package Bars Challenge. Contract of Employment Not Specifically Enforceable Under Specific Relief Act, 1963.

The plaintiff, Shanker Basu, was employed as head of corporate division of KBC Bank N.V. under a contract dated 19th June 2000. His services were term...