The Entire Waiver of Pre-deposit impermissible to file appeal before DRAT. Discretion of DRAT to reduce pre-deposit amount from 50% of debt due, held, is limited to reducing the pre-deposit to 25% thereof. The pre-deposit cannot under any circumstances be reduced below 25% of the debt due.
– Anup Koushik Karavadi and Kanishk Tiwari Introduction Poised between private autonomy and statutory control, Arbitration occupies a peculiar space in India’s energy sector. Projects contracts such as Power purchase agreements (PPAs), transmission contracts, and implementation agreements increasingly incorporate arbitration clauses, reflecting the sector’s growing commercial sophistication and the parties’ Read more »
In the case of Vidyasagar Prasad vs. UCO Bank & Anr. 2024 INSC 810, the Supreme Court upheld the initiation of the Corporate Insolvency Resolution Process (CIRP) against a Corporate Debtor that defaulted on loan repayments to UCO Bank. The NCLT had approved the CIRP application, prompting the Corporate Debtor Read more »
In Neeraj Sud & Anr. vs. Jaswinder Singh (Minor) & Anr. (2024 INSC 825), the Supreme Court clarified that mere deterioration of a patient's condition after surgery does not automatically indicate medical negligence. To establish negligence, it must be proven that the doctor failed to exercise due care or lacked Read more »
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