Tag Archives: sachin

Courts bound to follow arbitration agreement: SC

The Supreme Court of India clarified that courts are bound to refer the parties to arbitration in terms of the agreement once an application has been duly filed under The Arbitration and Conciliation Act, 1996 (“Act”) before the civil court. … Continue reading

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Employer can seek recovery if its not arbitrary: SC

The Supreme Court of India ruled that an employer can seek recovery of monetary benefits wrongly extended to innocent employees only if the recovery is not iniquitous or arbitrary. “Orders passed by the employer seeking recovery of monetary benefits wrongly … Continue reading

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CCI slaps penalty of INR 52 crores ($10.4 million) on BCCI

The Competition Commission of India (CCI) slapped a penalty of INR 52 crores ($10.4 million) on Board for Control of Cricket in India (BCCI) for the abuse of its dominant position. The Commission said “BCCI’s economic power is enormous as … Continue reading

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