2020-TIOLCORP-10-SC-MISC-LB Mankastu Impex Pvt Ltd Vs Airvisual Ltd
Whether where the seat of arbitration is at Hong Kong, the courts of India will lacks jurisdiction to appoint an arbitrator u/s 11 of the Arbitration Act, 1996 - YES: SC Larger Bench
- Petition dismissed: SUPREME COURT OF INDIA
2020-TIOLCORP-34-HC-MUM-MISC
Chanda Deepak Kochhar Vs ICICI Bank Ltd
Whether the contractual dispute regarding termination of bank employee by a private bank will become the subject of writ jurisdiction merely because the approval of RBI u/s 35B(1)(b) regarding is questioned - NO: HC
Whether the services of private bank employees are not covered by the Banking Regulation Act, 1949 & is a matter of private contract - YES: HC
Whether approval of termination of MD of private bank u/s 35B(1)(b) of the Banking Regulation Act is only regarding the impact on the larger banking interest & not the rights of employees covered under employment agreements - YES: HC
Whether the approval of RBI regarding termination of private employee by a private bank means that action of termination is valid in terms of the service dispute - NO: HC
- Petition dismissed: BOMBAY HIGH COURT
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