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Corporate Law News


Construction of Arbitration Clause

   08 October 2008 at 12:10

A few days back, this blog posted a brief note on M/s. Unissi (India) Pvt. Ltd. v. Post Graduate Institute of Medical Education & Research Civil Appeal No. 6039 of 2008, Date of Judgment - 1.10.08. This case requires some elaboration as it has a majo ..

Posted in Corporate Law |   372 Views


India may sign 123 Agreement on October 10

   06 October 2008 at 14:49

The Indo-US Civilian Nuclear Deal -- or the so-called 123 Agreement -- is expected to be signed in Washington on October 10, two days after the US President George W Bush would sign into law the legislation in this regard passed by the US Congress la ..

Posted in Corporate Law |   213 Views


Iran seeks inclusion of force majeure clause in IPI project

   06 October 2008 at 10:14

Iran has sought an amendment to the gas sale agreement for the IPI pipeline project involving India and Pakistan in an apparent bid to ensure legal cover for itself in the event of disruption of fuel supplies due to any armed conflict it may face.Ira ..

Posted in Corporate Law |   253 Views


Bombay HC sets aside Maharashtra FDA orders on Subhiksha

   06 October 2008 at 10:14

Leading supermarket chain Subhiksha today said that the Bombay High Court has 'set aside' the Maharashtra FDA's orders regarding the company's warehouse in Mumbai and its vendors.The decision in this regard was taken by a bench of the Mumbai High Cou ..

Posted in Corporate Law |   360 Views


Arbitration

   28 September 2008 at 11:57

Certificate Course on Arbitration - (26-09-2008)--------------------------------------------------------------------------------Arbitration as an emerging area of practiceGlobally justice dispensation system is reeling under tremendouspressure, due t ..

Posted in Corporate Law |   288 Views


RBI seeks more details on NBFCs

   27 September 2008 at 16:54

Amid the global turmoil in the financial sector, the Reserve Bank of India (RBI) has further tightened the norms for non-banking finance companies (NBFC), asking auditors to prepare reports in addition to those prescribed by the Companies Act.The mai ..

Posted in Corporate Law |   232 Views


Unwind Lehman swaps: RBI directs banks

   27 September 2008 at 16:54

It has been indicated that the Reserve Bank of India (RBI) has directed banks to unwind their interest rate swap (IRS) transactions with Lehman Brothers.The RBI had talks with bankrecently to ascertain Lehman's exposure in the local IRS market, they ..

Posted in Corporate Law |   218 Views


Hoteliers to move court against smoking ban

   27 September 2008 at 16:54

The Federation of Hotel & Restaurant Associations of India (FHRAI), the apex body of all hotel associations, has decided to move court against the government''s proposal to ban smoking in public places.The Ministry of Health, under the Prohibition of ..

Posted in Corporate Law |   218 Views


Calcutta HC to pass final order on Tata Motors petition on Sep 26

   24 September 2008 at 21:31

The Calcutta High Court today said it would pass its final order on September 26 on the Tata Motors plea for not allowing West Bengal government to disclose contents of its agreement on setting up its small car plant while extending the interim gag o ..

Posted in Corporate Law |   259 Views


SC admits IOC petition on petroleum products pricing

   22 September 2008 at 08:36

New Delhi, Sept 21: The Supreme Court will decide whether the Union government notifications governing prices of petroleum products can be construed as law. Indian Oil Corporation has raised the issue before the apex court, which has admitted and tag ..

Posted in Corporate Law |   247 Views