Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.

04th Jun, 2020

Delhi High Court lays down "tests" to determine whether an instrument can be considered as a "Release/Relinquishment Deed" or "Gift"

01st Jun, 2020

NCLT Chandigarh - Threshold of 90% specified in Section 230(9) of the Companies Act, 2013 to be calculated basis a particular date

In a relatively recent order, the Chandigarh Bench of National Company Law Tribunal, has occasion to consider sub-section (9) of Section 230 of the...

31st May, 2020

Bombay HC decides upon the effect of application of Section 18(3) of MSME Act on the validity arbitration agreements between parties

On May 15, 2020 , the Bombay High Court (“High Court”) in the matter of Microvision Technologies Private Limited v. Union of India, inter-alia, hel...

26th May, 2020

Delhi HC decides upon the applicability of section 19 of MSMED Act to proceedings which have not been initiated as per Section 18 of the MSMED Act

The Delhi High Court vide its judgment dated May 8, 2020 in the case of AVR Enterprises (petitioner) vs. Union of India (respondent) CM(M)769/2018,...

20th May, 2020

Government relaxes rules for installation of Aarogya Setu app by employees

19th May, 2020

Execution of Documents in Karnataka (in the time of Covid-19)

The lockdown in India has severely impacted economic activity and upended the ways by which business was traditionally carried out. This has necess...

14th May, 2020

Supreme Court decides upon interpreting force majeure clauses in a contract

The Supreme Court vide its judgment dated May 11, 2020, in the case of South East Asia Marine Engineering and Constructions Ltd (SEAMEC Ltd) (“Appe...

14th May, 2020

Bombay HC adjudicates upon enforcement of a foreign award rendered by the SIAC as a decree of the court

The Bombay High Court recently, vide its judgment dated April 30, 2020 in the case of Banyan Tree Growth Capital L.L.C. vs. Axiom Cordages Ltd. & o...

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