Legally Bharat

Which ruling boosted arbitration fairness? Experts weigh in, Legal News, ET LegalWorld

In 2024, India witnessed a landmark judgment related to arbitration. “As an arbitration practitioner, I consider the judgment of the Constitution Bench of the Supreme Court of India in the case of Central Organisation for Railway Electrification v ECI SPIC SMO MCML, to be of pivotal importance,” said Indranil D. Deshmukh, Partner (Head – Disputes), […]

NCLAT ruling clarifies section 10A applicability in corporate debt cases, ET LegalWorld

Highlights The National Company Law Appellate Tribunal has ruled that a party cannot be barred under Section 10A from filing proceedings under Section 7 if the liability to pay interest arose before the Section 10A period and continues during and after it. The Appellate Tribunal determined that the date of default, ascertained through the National […]

NCLAT ruling clarifies section 10A applicability in corporate debt cases, ET LegalWorld

Highlights The National Company Law Appellate Tribunal has ruled that a party cannot be barred under Section 10A from filing proceedings under Section 7 if the liability to pay interest arose before the Section 10A period and continues during and after it. The Appellate Tribunal determined that the date of default, ascertained through the National […]