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Bombay High Court Considers Section 34 Petition by State-Owned Oil Corporation to Set Aside Arbitral Award. Petitioner Alleges That Award Is Vitiated by Fraud Due to Non-Disclosure of Corporate Insolvency Proceedings by Respondent Joint Venture.

The matter arose out of a petition under Section 34 of the Arbitration and Conciliation Act, 1996 filed by Hindustan Petroleum Corporation Ltd., a sta...

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COMMERCIAL ARBITRATION PETITION NO. 984 of 2018

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Supreme Court Allows Appeals of Successful Resolution Applicant and Resolution Professional in IBC Case — Commercial Wisdom of CoC Upheld. NCLAT Order Set Aside as It Improperly Interfered with CoC's Decision to Accept H1 Bidder's Plan Despite Belated Revised Offer.

The Supreme Court allowed the appeals filed by Ngaitlang Dhar (successful resolution applicant) and Amit Pareek (Resolution Professional) against the ...

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Supreme Court Allows Appeal by MSEDCL in Electricity Tariff Dispute Over Change in Law Due to Wildlife Notification. Held that the notification declaring buffer zone around Tadoba Tiger Reserve constituted a 'Change in Law' under PPAs, entitling APML to compensatory tariff for all four PPAs.

The present appeals arise from a dispute between Maharashtra State Electricity Distribution Company Limited (MSEDCL), the appellant, and Adani Power M...

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High Court of Bombay at Nagpur Dismisses Writ Petition Challenging Tender Award in Cleaning Contract Dispute. Court upholds employer's right to reject non-responsive bids and award contract to lowest bidder meeting tender conditions.

The petitioners, two contractors working with respondent no.1 (Maharashtra State Power Generation Co. Ltd.), challenged the rejection of their bids an...