The Delhi High Court has recently directed SpiceJet to deposit the entire outstanding amount to media baron Kalanidhi Maran and his Kal Airways as interest on an arbitral award of Rs.578 crore.... Read more »
The Bombay High Court dismissed two petitions filed by actor Anushka Sharma’s tax consultant. This was apparently the first time someone filed a petition through their tax consultant, Bombay High Court Remarked... Read more »
The Jammu and Kashmir and Ladakh High Court in the case Bajaj Allianz General Insurance Co. Ltd Vs Gulshan Kumar and Ors observed and has ruled that compensation which is paid under... Read more »
In 2018 the valuation of the global legal service market was marked at $794.50 billion and the same is expected to grow at the CAGR of 4.1% from 2019 to 2025. At... Read more »
Dual Benefit: BCI’s decision will encourage foreign investment in India. The active encouragement to mediation given by Justice Sharad Arvind Bobde, CJI, Justice Suryakant, judge, Supreme Court and Justice A.K. Sikri will... Read more »
A. The genesis of Multilateral Instruments A.1. Introduction Multinationals (“MNCs”) operates in various countries, and such entities may be taxed both the countries, i.e. country of their residence as well as the... Read more »
Trends show that a number of businesses are facing challenges related to cash flows and investors are looking for assets at attractive valuations. Read more »
The growing cost of litigation and arbitration and consumption of time due to overcrowded court lists led to a search for quicker dispute resolution processes all across the world. Mediation is one... Read more »
While the Act makes mention of constituting commercial courts, in practice it seems to mean the mere designation of existing courts as commercial courts. It does not seek the creation of new... Read more »
Mediation allows parties to reach a half-way house which can often work to preserve the relationship. Read more »