Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
Arbitral Proceedings - Computation of one-year period for completing the proceedings - exclusion of days during which the proceedings were stayed - The High Court acknowledged the stay of proceedings ordered by the Court and held that the period during which the proceedings were stayed should be excluded from the calculation of the one-year period for making the award. They emphasized the principle that periods of stay ordered by courts should be excluded when calculating timelines. The Court reiterated the importance of adhering to the provisions of the Arbitration and Conciliation Act, 1996, to ensure the expeditious resolution of disputes.
Arbitral Proceedings - Computation of one-year period for completing the proceedings - exclusion of days during which the proceedings were stayed - The High Court acknowledged the stay of proceedings ordered by the Court and held that the period during which the proceedings were stayed should be excluded from the calculation of the one-year period for making the award. They emphasized the principle that periods of stay ordered by courts should be excluded when calculating timelines. The Court reiterated the importance of adhering to the provisions of the Arbitration and Conciliation Act, 1996, to ensure the expeditious resolution of disputes.
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