In a dramatic turn of event, Cyrus Mistry has been restored by the National Company Law Appellate Tribunal (NCLAT) on Wednesday, 18 December 2019, as the Executive Chairman of Tata Sons. NCLAT also held the appointment of N Chandrasekaran...
The scramble for the leadership at the TATA Sons which began with the ouster of Cyrus Mistry from the Chairmanship of TATA Industries on 24th October has seen various events till date. It led to the removal of the...
The Boardroom Battle between the former Chairman of the Tata Group Cyrus Mistry and the old guard Ratan Tata has seen various turnarounds since 24th October when the former was removed as the head of the conglomerate after a...
The government will spend around Rs. 1000 Crore for the new parliament building, right in the center of India’s capital.
In the recent past, our government has come up with three different ordinances related to agriculture which has infuriated the farmers of our nation.
Sony Pictures Networks India Private Limited is looking to hire an Associate with 3-5 years of PQE from Media and Entertainment Industry, preferably with...
Section 34 of the Arbitration and Conciliation Act, 1996 (Hereinafter “Act”) lays down the basis for setting aside arbitral awards made in domestic and foreign arbitrations held in India. Though international awards cannot be contested in India, the compliance of such awards in India may be validly challenged by the award debtor on the grounds set out in Section 48 of the Act. The grounds set under both these sections are almost similar, one of the grounds being that the arbitral award is found contrary to the “public policy of India”. The question of the constituent elements of “public policy” have been discussed in a number of cases, however, in a recent case of Vijay Karia & Ors. V. Prysmian Cavi E Sistemi Srl & Ors, the SC drew attention to this point viz-a-viz foreign award.