The Entire Waiver of Pre-deposit impermissible to file appeal before DRAT. Discretion of DRAT to reduce pre-deposit amount from 50% of debt due, held, is limited to reducing the pre-deposit to 25% thereof. The pre-deposit cannot under any circumstances be reduced below 25% of the debt due.
The Supreme Court held that two companies incorporated in India could choose a seat for arbitration outside India and the resultant award would be enforceable under Part II… Read more »
In OPG Power Generation Pvt. Ltd. vs. Enexio Power Cooling Solutions India Pvt. Ltd., 2024 INSC 711, the Supreme Court dealt with the scope of judicial review of… Read more »
The Karnataka High Court in Sri Lalji Kesha Vaid v. Sri Dayanand R. reaffirmed that criminal proceedings under Section 138 of the Negotiable Instruments Act, 1881, remain maintainable… Read more »
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