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Supreme Court Constitution Bench Examines Applicability of Part I of Arbitration Act, 1996 to Foreign-Seated Arbitrations. Reference Arises from Conflicting Views in Bhatia International and Venture Global Engineering.

The Supreme Court of India, by a reference order dated 16 January 2008, directed the listing of Civil Appeal No. 7019 of 2005 and connected matters be...

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Bombay High Court Dismisses NSE's Defamation Suit Against Journalists, Upholds Freedom of Speech in Public Interest Reporting. Court holds that a public body like NSE must establish 'special damage' for defamation injunction and that fair comment on matters of public interest is protected.

The National Stock Exchange (NSE) filed a defamation suit against Moneylife Media Private Limited, Sucheta Dalal, and Debashish Basu, seeking an injun...

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High Court Dismisses Petition Challenging Arbitral Award in Intermediary Fee Dispute. Court upholds award directing payment of success fee under mandate agreement for introduction of investor.

The petitioner, Airex Logistics Express Services P. Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging...

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Presidential Reference Made to Supreme Court Seeks Advisory Opinion on Telecom Licences and Spectrum Allocation Policies. Reference Under Article 143(1) Recites Historical Grant of Licences from 1994 to 2008 Including First-Come-First-Served and Revenue Share Regimes.

Background: The President of India made a reference under Article 143(1) of the Constitution on 12.04.2012, seeking the advisory opinion of the Suprem...

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Bombay High Court Dismisses Petition Seeking Release from Investor Protection Fund Due to Client Code Mismatch. Claim Rejected as Contract Notes Did Not Match Trade Files of Stock Exchange.

The petitioner, Saurin T. Parikh, proprietor of Shah Investment, filed a writ petition seeking to set aside an order dated 25th May 2005 passed by the...