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Bar On Extension Of Insurance Cover Without Premium: The Supreme Court On The "Statutory Embargo" Under Section 64VB In New India Assurance Co. Ltd. Vs. Louis Dreyfus Commodities India Pvt. Ltd.
The Supreme Court, in the case of New India Assurance Co. Ltd. & Ors. vs. M/s Louis Dreyfus Commodities India Pvt. Ltd. (2026 INSC 876) ('New India Assurance vs. Louis Dreyfus'), has held that where an insurance policy covers turnover on a running annual basis, the insurer cannot be held liable for a loss that occurs after the insured's actual turnover has exceeded the turnover for which premium has already been paid, even where the policy itself is expressed as an annual turnover based cover.
India Insurance
KS
King, Stubb & Kasiva
Article
No Appeal Beyond Section 37: Bombay High Court Holds That The Commercial Courts Act Cannot Provide An Alternative Appellate Route To Challenge An Order Recording Satisfaction Of An Arbitral Award In Execution Proceedings
The Hon’ble Bombay High Court (“High Court”) in its judgment dated 20.07.2026 in Reliance Asset Reconstruction Co. Ltd. vs. Hiroo Hotchand Advani (Commercial Appeal (L) Nos. 14725 and 15441 of 2026), provided much needed clarity on a pertinent issue, being, whether a party aggrieved by an executing court's order in arbitration proceedings can appeal that order under the Commercial Courts Act, 2015 (“CCA”), or whether the right of appeal depends on the order fitting within the narrow categories carved out under the Arbitration and Conciliation Act, 1996 (“Arbitration Act”).
India Litigation
KS
King, Stubb & Kasiva
Article
Copy, Right? ANI Media Pvt. Ltd. v. Open AI OpCo LLC
When an artificial intelligence system is trained on copyrighted news content, and later answers a user’s question using what it learned, has the law been broken? On 24th July 2026, the Delhi High Court answered that question, at least for now. In ANI Media Pvt. Ltd. v. Open AI OpCo LLC, Justice Amit Bansal declined to grant an interim injunction against OpenAI, holding, on a prima facie, interim stage view, that the company’s use of ANI’s news content to train its large language models (“LLMs”) falls within the fair dealing exception under Section 52(1)(a) of the Copyright Act, 1957
India IP
SR
S.S. Rana & Co. Advocates
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