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Validity of the application for appointment of Arbitrator without original copy of the agreement

Arbitration is a private dispute resolution mechanism based on an agreement between parties, where they agree to abide by the decision of an arbitrator which is legally enforceable. It is in the principle of arbitration that parties can choose arbitrators or rely on an arbitration institution. If the appointment process fails, either party can apply …

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Government Servants are not entitled to overtime allowance

Labour exploitation is violation of human rights and it is necessary to keep check on factories in order to avoid such violation. In this regard there are various legislative provisions in place to prevent such exploitation. These provisions prescribe maximum working hours for every factory and industry for any given day or week. But there …

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New Labour Code – A Step Towards Employee Well Being

The Central Government codified 29 labour laws into 4 codes for the upliftment of workers by providing them security, respect, health and other welfare measures. These labour reforms will not only enhance the Government’s mission of ‘Ease of Doing Business’ but will also help in employment generation and workers well-being. The benefits of these labour …

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Supreme Court appoints two Nodal Counsels in the batch of matters pertaining to Personal Guarantors in Insolvency Proceedings

On 07.02.2023, Hon’ble Supreme Court in SLP(C) No. 16464/2021 and WP No. 1281/2021 (lead cases in the group) appointed two Nodal Counsels in the batch of matters pertaining to Personal Guarantors in Insolvency Proceedings. The Bench headed by Justice Chandrachud has appointed Ms. Pallavi Pratap, Advocate for Petitioners and Mr. Sanjay Kapur, Advocate for Respondents …

Supreme Court appoints two Nodal Counsels in the batch of matters pertaining to Personal Guarantors in Insolvency Proceedings Read More »

Realisation percentage of recovery

Realisation percentage of recovery by banks through IBC are between SARFEASI and DRT. I feel this may improve significantly if the Govt amend IBC as may be required from time to time like waterfall mechanism under liquidation and timely recruitment of members to NCLT and NCLAT. Read More

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