Search Results for "Interim Award"

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"Bombay High Court Orders Interim Relief in Shareholder Dispute" Court mandates security deposit from EbixCash Group to secure arbitration award.

The dispute stems from a Shareholders Agreement (SHA) signed in 2017, requiring the respondents to buy the petitioner's shares. Arbitration proceedin...

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Arbitration Battle Over Ganatra Hotels: Panchamias vs. Ganatra Group. Complex Dispute Involving Share Transfers, Valuation Discrepancies, and Legal Contentions Reaches Judicial Review

This case involves two connected Commercial Arbitration Petitions arising from an Arbitral Award dated 5th April 2016. The primary parties are the Pan...

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Challenge to Arbitral Award on Valuation Grounds: Court Considers Admission and Unconditional Stay. A petition under Section 34 of the Arbitration and Conciliation Act questions an award's reliance on an unproven valuation report, citing procedural lapses and natural justice violations.

The petition challenges an arbitral award dated November 23, 2023, under Section 34 of the Arbitration and Conciliation Act, 1996. The award directed ...

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Supreme Court of India Enforces Foreign Arbitration Award Amid Allegations of Bias. India reaffirms its commitment to enforcing foreign arbitration awards, dismissing challenges based on bias and public policy.

The Supreme Court of India upheld the Bombay High Court's decision to enforce a foreign arbitration award rendered by the Singapore International Arbi...

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Supreme Court Dismisses Revenue's Appeal in Income Tax Act Case Upholding Revisional Jurisdiction. Commissioner Validly Set Aside Assessment Order as Payment to Shareholders Was Not 'Cost of Improvement' Under Capital Gains Computation Under Sections 48 and 263 of Income Tax Act, 1961.

The dispute arose from an income tax assessment concerning the sale of a property named 'Paville House' by the respondent assessee, a company engaged ...

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Supreme Court Dismisses Revision Petition in Arbitration Dispute Under Bihar Public Works Contracts Disputes Arbitration Tribunal Act, 2008 - Reference Not Barred by Limitation as Article 137 of Limitation Act, 1963 Applies and Tribunal Had Power to Extend Period Under Section 18 of the 2008 Act.

The dispute originated from a works contract for drainage work in an industrial area, awarded by the Bihar Industrial Area Development Authority to th...