Category: Commercial law
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Invocation of arbitration under an unstamped or insufficiently stamped agreement
The Supreme Court of India recently decided upon a crucial issue of validity of an unstamped arbitration agreement. The five judge bench held that an instrument which is exigible to stamp duty, may contain an Arbitration Clause and which is not stamped, cannot be said to be a contract, which is enforceable in law within…
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Aarna Law – Contributing to Model Clauses for Contracting in Asia
The Asian Business Law Institute recently released Model Clauses for Contracting in Asia under its Contract Laws in Asia project. Aarna Law is delighted to have contributed to the Model Clauses, offering expertise from the perspective of Indian law and practice.
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Knit Pro International vs State of NCT of Delhi Criminal Appeal No. 807 of 2022
Decided by the Supreme Court of India on May 20, 2022 Facts The Appellant had filed an application under Section 156(3) of the Code of Criminal Procedure (“Cr.P.C.”), seeking instructions from the Chief Metropolitan Magistrate for the filing of a FIR against the Respondent-Accused (“Accused”) for violations of Sections 51, 63, and 64 of the…