[Case Brief] Securities Exchange Board of India v. Rakhi Trading Pvt. Ltd.

Investors’ confidence in capital/securities market is a reflection of the effectiveness of the regulatory mechanism in force

Fairness, integrity, and transparency are hallmarks of the stock market in India. The present case involves two sets of party respondents – traders and brokers. Securities Exchange Board of India (“SEBI”) proceeded against the traders for violation of Reg.…

Continue Reading

[Case Brief] United India Insurance Co. Ltd. v/s Antique Art Exports Pvt. Ltd. - 2019 (3) ARBLR 51 (SC)

The powers under Section 11(6) of the Arbitration Act can be exercised only when the claiming party establishes its case by placing satisfactory material on record.

The present judgment was delivered by a two judge bench consisting of Justice Ajay Rastogi and Justice AM Khanwilkar on March 28, 2019. It deals with section 11(6) and Section 11(6A) of the Arbitration and Conciliation Act, 1996. In…

Continue Reading

An implicit waiver by one party will not exempt the other party from performance of statutorily stipulated duties if the dispute goes to the root of the proceedings, and the court shall still have jurisdiction to adjudicate the dispute

[Case Brief] Trishul Developers v/s L&T Housing Finance Limited and others

Case name Trishul Developers v/s L&T Housing Finance Limited and others Case number Writ Petition No. 22137 of 2019 (GM-DRT) Court High Court of Karnataka (Bengaluru) Bench Justice L. Narayana Swamy & Justice R.Devdas Decided on  June 27, 2019…

Continue Reading

The Court cannot appoint an independent arbitrator unless it first resorts to the mechanism of appointment of arbitrator as mutually decided by the parties

[Case Brief] Union of India v/s Parmar Construction Company

Case name Union of India v/s Parmar Construction Company Case number Civil Appeal Number 3303 of 2019 Court Supreme Court of India Bench Justice Ajay Rastogi and Justice A.M. Khanwilkar Author of the judgment Justice Ajay Rastogi Decided on…

Continue Reading
  • 1
  • 2
Close Menu