The Bombay High Court observed that an arbitral tribunal cannot apply public law principles on fairness and reasonableness. The Court held that “A writ court may well hold against a public body on a public law principle or by invoking Article 14; But an Arbitrator, constrained as he or she is by the contract, has no such power”.
In Godrej Projects Development Limited v. Anil Karlekar & Ors (Civil Appeal No. 3334/2023), the Supreme Court ruled that forfeiture of earnest money in property transactions is valid if reasonable and does not fall under Section 74 of the Indian Contract Act, unless it forms part of the consideration. The court emphasized that unfair and... Read more » Read more »
He who signs a dishonored cheque bears the consequences— a principle well-established by law and affirmed across several precedents. Determining the liability of a signatory is straightforward when the drawer is an individual. But what happens when a cheque is issued on behalf of a juristic person, such as a company? Who is held... Read more »
The concept of minimum wages is fundamental in ensuring fair remuneration for labour and upholding human dignity. In India, the regulation of minimum wages has undergone significant changes with the enactment of the Code on Wages, 2019, which seeks to consolidate and simplify wage-related laws.... Read more »
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