Category: Dispute resolution
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CTI Future Corporation v. Ducgiang Chemical & Detergent Powder Joint Stock Company
Decided on 11th August 2022 | High Court of Karnataka The Hon’ble Karnataka High Court (“the Court”) has held that a foreign award rendered between parties that do not carry-on business in India can be enforced by Indian Courts if the assets against which the award is sought to be enforced lies within the territorial…
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Vijay Kumar Ghai v. Pritpal Singh Babbar1
Decided on 4th July 2022 | High Court of Punjab and Haryana In Vijay Kumar Ghai v. Pritpal Singh Babbar, the Hon’ble Punjab and Haryana High Court (“the Court“) held that proceedings initiated under Section 138 of the Negotiable Instruments Act, 1881 (“NI Act“), against a Personal Guarantor (“PG“), shall remain stayed by the virtue…
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Vishnu Oil Mill Pvt. Ltd. v. Union of India
Decided on 25 July 2022 | Rajasthan High Court In Vishnu Oil Mill Pvt. Ltd. vs Union of India, the High Court of Rajasthan (“the Court“) observed that the provision in question i.e., Section 7 of the Insolvency and Bankruptcy Code (“IBC“) as amended by Gazette Notification released on 05.06.2020, allows for no other interpretation…
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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…