India: Sovereign Immunity: Public Sector Government

A Decree Holder seeks to execute an arbitral award of ₹385 crore through attachment and sale of properties, while Judgment Debtors argue they are undergoing Personal Insolvency Resolution Process under IBC, 2016. The central question is whether execution proceedings can continue when the statutory moratorium has expired but insolvency proceedings remain active, and whether this would grant preferential treatment disrupting the proposed repayment plan.

Our Partner, Sidharth Sethi, was invited as a speaker by the Department of Legal Affairs, Ministry of Law & Justice (DLA MoL&J) and the India International Arbitration Centre...

The Hon'ble Delhi High Court in A2Z Infra Engineering Ltd. v. ITI Ltd.1 granted urgent interim measures under Section 9 of the Arbitration and Conciliation Act, 1996 ("ACA") restraining ITI from termination an Annual Maintenance Contract ("AMC") linked to a BSNL telecom project. The Court

The present article is based on the analysis of the judgment of the Hon'ble National Company Law Appellate Tribunal.

Indian Stamp Act is proposed to be amended to replace broker turnover stamp duty with stamp duty on the clearance list used for transactions through stock exchange.

Allergan's "Restasis®" is a branded ophthalmic cyclosporine emulsion, for the treatment of chronic dry eye, with annual sales of nearly $1.5 billion.