TIME IS THE ESSENCE OF A CONTRACT
Time is the essence of a contract is an expression in a contract which means that the performance by one party at or within the period specified in a contract is necessary to enable that party to require…
READ MOREAMAZON INDIA LENDING PLATFORM
Amazon India, one of the ecommerce companies in India, has recently launched a platform whereby multiple lenders may offer loan to sellers registered with Amazon (Sellers) and the Sellers can select any particular lender based on the terms…
READ MOREDAM SAFETY BILL 2018 APPROVED BY UNION CABINET
On 13th June 2018, the Union Cabinet chaired by the Prime Minister Narendra Modi approved the proposal for enactment of Dam Safety Bill, 2018 in the Parliament. The Dam Safety Bill, 2018 shall examine the cause of any…
READ MOREMAN LOSES SHARE IN PROPERTY FOR MISTREATING STEP-MOTHER
Pritish Natvar Sanghi, the son, had petitioned the High Court of Judicature at Bombay challenging the order of the SDO whereby the SDO declared transfer of 50% share by the Respondent No.1, the father, to the petitioner in…
READ MOREApproval by the Parliament of the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Bill, 2018
The Parliament had, in 2015, come out with the Commercial Courts, Commercial Division and Commercial Appellate Division of High Court Act (hereinafter “Act”) in 2015. The Act provided for the establishment of Commercial Courts at the District…
READ MOREDATA PRIVACY IN PAYMENT SYSTEM OPERATIONS IN INDIA
In the recent times, a number of companies including Google, Whatsapp and such other global giants have reportedly shown interest to venture into the digital wallets or digital payment space. Since after the demonetization phase in 2016, the…
READ MOREDELHI HIGH COURT RULES CIVIL AVIATION REQUIREMENT DOES NOT LIMIT SCOPE FOR COMPENSATION IN CASE OF DENIAL OF AIRCRAFT BOARDING
The case of Pallav Mongia v. Union of India & Anr., decided on 2nd February, 2018 by the Delhi High Court, is one of denied aircraft boarding after confirmation of tickets. The petitioner had challenged paragraph 3.2 of…
READ MORESupreme Court Rules Absence of Permit is Statutory Breach under the Motor Vehicles Act, 1988
The Supreme Court, in the case of Amrit Paul Singh & Anr. v. TATA AIG General Insurance Co. Ltd. & Ors., decided on 17th May, 2018, has held that plying of the transport vehicles in public without permit…
READ MOREDELHI HIGH COURT: NO GENDER DISCRIMINATION UNDER POCSO ACT, 2012
On Wednesday, 30th May, 2018, the Delhi High Court has held in Jabbar vs. State, that the Protection of Children from Sexual Offences (POCSO) Act, 2012 is a gender-neutral law and that every child under the age of 18…
READ MORECORPORATE INSOLVENCY RESOLUTION PROCESS (CIRP) UNDER INSOLVENCY AND BANKRUPTCY CODE, 2016
INTRODUCTION :- Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as “IBC, 2016”) was notified by the Government of India on 28th May 2016. The Act consolidates and amends the laws relating to reorganisation and insolvency resolution of…
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