SC refers key legal issue on modification of arbitral awards to 5-judge bench, ET LegalWorld
The Supreme Court has referred to a five-judge Constitution bench the key legal issue of whether courts can modify arbitral awards under the provisions of the Arbitration and Conciliation Act, 1996. In a significant move, a bench comprising Chief Justice Sanjiv Khanna and justices Sanjay Kumar and KV Viswanathan, on Thursday, emphasised the need for […]
Bombay High Court Awards Temporary Relief to Mochi in Trademark Case vs Desimochi, ET LegalWorld
In a trademark battle in the footwear industry between ‘Mochi’ and ‘Desimochi’, the Bombay High Court granted interim relief to Mochi, which it said was in inception since 1977. Desimochi came into being in 2017. The mere addition of the word ‘desi’ does not create a distinction, the High Court single Judge Bench of Justice […]
Delhi High Court clarifies Scope of “patent illegality” in Arbitration; upholds limited grounds for challenging awards, ET LegalWorld
The Delhi High Court has held that the ground of “patent illegality” is applied when there is a contravention of the substantive law of India, the Arbitration Act, or the rules applicable to the substance of the dispute. Thus, the term “patent illegality” does not apply to legal violations that are unrelated to matters of […]
Thane MACT Awards ₹76.3 Lakh to Family in Fatal Pune-Mumbai Car Crash, ET LegalWorld
The Motor Accident Claims Tribunal (MACT) in Thane awarded a compensation of Rs 76.3 lakh to the family of a 39-year-old man who lost his life in a car accident on the Pune-Mumbai Expressway in February 2020. The order was delivered last week by S. B. Agrawal, Chairman of MACT Thane. The claimants are the […]
Arbitrator awards Rs. 12.66 Crore to Travancore Titanium in dispute with VA TECH WABAG; WABAG to challenge decision, ET LegalWorld
In a matter between M/s. Travancore Titanium Products Ltd (TTPL) and VA TECH WABAG LTD (WABAG), the Sole Arbitrator Shri P. R. Ramachandra Menon has passed an award in favor of TTPL in Kochi, Kerala, according to the stock filing. The Arbitrator has awarded TTPL an amount of Rs. 12,66,83,750/- with 12% interest from the […]