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Home › 2022

Year: 2022

DECODING 5TH REPORT OF INSOLVENCY LAW COMMITTEE – MAY 2022

By aarnalaw Posted on November 28, 2022 Posted in Blogs No Comments

Mandating reliance on Information Utility for certain Financial Creditors Time being the essence of the Corporate Insolvency Resolution Process (“CIRP“), recommendations were made by the Insolvency Law Committee (“Committee“) constituted …

DECODING 5TH REPORT OF INSOLVENCY LAW COMMITTEE – MAY 2022 Read more »

Climate change and business solvency risk: An overview

By aarnalaw Posted on November 28, 2022 Posted in Blogs No Comments

Climate change has been at the forefront of most discussions over the past 5 years due to its impact on the environment and on people. However, we commonly overlook the …

Climate change and business solvency risk: An overview Read more »

LIC v. SANJEEV BUILDERS PRIVATE LIMITED

By aarnalaw Posted on November 25, 2022 Posted in UPDATES No Comments

The Appeal was filed by the Respondent (Plaintiff) for the specific performance of contract based on an agreement dated 08.06.1979 and damages of about Rs. 1,01,00,000/-. However, after 30 years …

LIC v. SANJEEV BUILDERS PRIVATE LIMITED Read more »

ESSAR HOUSE PRIVATE LIMITED V. ARCELLOR MITTAL NIPPON STEEL INDIA LIMITED (2022 SCC Online SC 1219)

By aarnalaw Posted on November 17, 2022 Posted in UPDATES No Comments

Decided on 14th September 2022 | Supreme Court of India The Hon’ble Supreme Court (“the Court”) was hearing an appeal against a common judgment and Order dated 1st February 2021 …

ESSAR HOUSE PRIVATE LIMITED V. ARCELLOR MITTAL NIPPON STEEL INDIA LIMITED (2022 SCC Online SC 1219) Read more »

The challenges of bringing claims over digital currencies

By aarnalaw Posted on October 18, 2022 Posted in Blogs No Comments

Shreyas Jayasimha, Co- founder ,Aarna Law, recently spoke at a webinar hosted by the International Centre for Dispute Resolution – American Arbitration Association (“ICDR- AAA”) on “Disputes Involving Blockchain and …

The challenges of bringing claims over digital currencies Read more »

Vidarbha Industries Power Ltd. vs Axis Bank Limited

By aarnalaw Posted on September 18, 2022 Posted in UPDATES No Comments

Decided on 12 July 2022 | Supreme Court of India In Vidarbha Industries Power Ltd. vs Axis Bank Limited, the Supreme Court (“the Court”) observed that it is not mandatory …

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How India’s new draft law will impact cross-border insolvencies

By aarnalaw Posted on September 15, 2022 Posted in Blogs No Comments

In the recent Union Budget Session of 2022- 2023, an announcement was made to extend the jurisdiction of India’s Insolvency and Bankruptcy Code, 2016 (IBC) to cross-border insolvency. The current …

How India’s new draft law will impact cross-border insolvencies Read more »

CTI Future Corporation v. Ducgiang Chemical & Detergent Powder Joint Stock Company

By aarnalaw Posted on September 12, 2022 Posted in UPDATES No Comments

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 …

CTI Future Corporation v. Ducgiang Chemical & Detergent Powder Joint Stock Company Read more »

Vijay Kumar Ghai v. Pritpal Singh Babbar1

By aarnalaw Posted on September 6, 2022 Posted in UPDATES No Comments

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 …

Vijay Kumar Ghai v. Pritpal Singh Babbar1 Read more »

Vishnu Oil Mill Pvt. Ltd. v. Union of India

By aarnalaw Posted on September 1, 2022 Posted in UPDATES No Comments

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 …

Vishnu Oil Mill Pvt. Ltd. v. Union of India Read more »

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