Bombay High Court holds that contractual audit rights under service agreements survive termination and permit interim measures for forensic inspection in data breach cases.
Bombay High Court holds that selecting Mumbai from a list of four cities in a loan agreement constitutes an agreed seat, conferring exclusive jurisdiction for arbitration.
Bombay High Court holds that parties cannot invoke no-escalation clauses to avoid liability when their own breach causes delay and additional costs to the contractor.
Madhya Pradesh High Court clarifies that cheque dishonour in sale of goods does not automatically qualify as a commercial dispute under the Commercial Courts Act, 2015.
Bombay High Court holds that parties cannot invoke no-escalation clauses to avoid liability when their own breach causes delay and additional costs to the contractor.
The Madhya Pradesh High Court holds that suits filed in regular courts after establishment of Commercial Courts must have plaints returned under Order 7 Rule 10 CPC, not transferred under Section 15 of the Commercial Courts Act.
Bombay High Court holds that co-operative banks must refer MSME loan defaults to RBI's revival committee before initiating recovery, affirming statutory protections under MSME Act.
Bombay High Court holds that alleged admissions in letters cannot substitute specific pleadings in arbitration claims under Section 34 of the Arbitration Act.
Madras High Court upholds arbitral award finding broker's squaring off illegal for lack of notice, reinforcing procedural compliance under Arbitration Act.
Delhi High Court upholds Rs.25 lakh liquidated damages under arbitration award, clarifying that proof of actual loss is not required if parties agreed to genuine pre-estimate in contract.
Bombay High Court holds that consent terms filed in appeal become binding undertakings to the court, enforceable as court orders. Essential for commercial litigants.
Supreme Court holds that delegated legislation like MIP notifications only become effective upon Official Gazette publication, not website upload.