Banking Laws (Amendment) Act, 2012, introduced Exception 3 to Section 28 of Indian Contract Act, 1872 as a saving clause for a guarantee agreement of a bank or a financial institution.
Under Power Purchase Agreements (PPAs) while quoting the capacity charge and the energy charge, bidders have to also indicate their escalable/ variable component and non-escalable /fixed component.
Larger Bench of the Bombay High Court has held that stamp duty is payable on a High Court Order sanctioning a scheme of merger/reconstruction, as an instrument of conveyance.
'Control' is a term of wide connotation and, by its very nature, is not amenable to any precise standard definition of general application.
Law relating to the establishment of Commercial Courts, Commercial Division and Commercial Appellate Divisions has recently been enacted.
Globally, alternative dispute resolution is slowly, but steadily becoming the preferred mode for settling disputes.
Agricultural land in the rural areas and real estate in cities have always been a stable rock for economies and investors since time immemorial across the world.
The first article on “Resolving disputes the ‘Ordinance’ way” in Corporate Amicus, December 2015 issue discusses Arbitration and Conciliation (Amendment) Ordinance, 2015.
November 2015 issue of Corporate Amicus carries an article on proposed Environment Laws (Amendment) Bill, 2015, and explains the objective and challenges behind the move by Ministry of Environment, Forest and Climate Change (MoEFCC).