Tag Archives: section45

IBBI strengthens its Due Diligence Framework under IB Code, 2016: Govt.

Insolvency and Bankruptcy Board of India (IBBI) has amended its Corporate Insolvency Resolution Process Regulations to ensure that as part of due diligence, prior to approval of a Resolution Plan, the antecedents, credit worthiness and credibility of a Resolution Applicant, … Continue reading

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Anti-arbitration injunctions cant be granted under Part II Arbitration Act: DHC

The Delhi High Court recently ruled that an anti-arbitration injunction cannot be given by courts in cases covered under Part II of the Arbitration and Conciliation Act unless it is incapable of being performed or inoperative. Part II of the … Continue reading

Posted in Administrative Law, Arbitration Conciliation Law, Contract Law, FDI, International Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Foreign law can be governing law between domestic parties: MHC

The Madhya Pradesh High Court recently allowed choosing of foreign law as the governing law in an arbitration between two Indian entities. The Court said where parties by mutual agreement agreed to resolve their dispute by arbitration and chose a … Continue reading

Posted in Arbitration Conciliation Law, Contract Law, General Law, International Law, mediation, WTO/GATT | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment