India's RE capacity registers 14.2% Year-on-Year growth (See 'Corp Brief') 'Bharat 6G Vision' envisages India to be frontline technology developer (See 'Corp Brief') SARFAESI Act - Petitioner Bank has created charge prior in point of time and charge created by respondent would not survive : HC (See 'Legal Desk') India takes lead to preserve Global Maritime Legacy (See 'Corp Brief') India has doubled power generation through Nuclear Energy: MoS (See 'Corp Brief') RTI - Once information is given, applicant can not seek same once again in guise of different form or language : SEBI (See 'Legal Desk') CCI approves the acquisition of equity in India Business Excellence Fund - IV by VVDN Technologies (See 'Corp Brief') CCI approves acquisition of Covestro AG by Abu Dhabi National Oil Co (See 'Corp Brief') CCI okays stake in Bagmane Developers by BREP Asia III India Holding (See 'Corp Brief') Arbitration Act - With consent of parties, Sole Arbitrator can be appointed as petitioner has given NOC to respondent with regard to claims which are sought to be agitated: HC (See 'Legal Desk') CCI nod for acquisition of Thyssenkrupp Electrical Steel India by Jsquare Electrical (See 'Corp Brief') MoEFCC facilitates Agreements to Advance Circular Economy (See 'Corp Brief') 6 new urea units have been set up under New Investment Policy: MoS (See 'Corp Brief') Misc - Providing information which would disproportionately divert resources of public authority or would be detrimental to safety/ preservation of record in question, would dissolve purpose of RTI: IBBI (See 'Legal Desk') Pharmaceuticals & Medical Devices Bureau has partnered to open Jan Aushadhi Kendras (See 'Corp Brief') Digital India has laid foundation for knowledge-based economy: MoS (See 'Corp Brief') SEBI Act-Shares held in demat account are property within purview of Article 300A : HC (See 'Legal Desk') Naidu oversees first Validation flight landing at Jewar Airport (See 'Corp Brief') Misc - To bring home guilt of professional misconduct under Chartered Accountants Act, charges have to be proven beyond reasonable doubt: HC (See 'Legal Desk') RBI Dy Governor highlights critical role of IBC in improving quality of bank assets (See 'Corp Brief') India's Digital Revolution: Transforming Infrastructure, Governance, and Public Services (See 'Corp Brief') IBC - Asset deposited by corporate debtor in court prior to commencement of CIRP by way of security would continue to be asset of corporate debtor: HC (See 'Legal Desk') NMDFC and DICCI join hands to empower marginalized communities through entrepreneurship (See 'Corp Brief') PMLA -To establish offence under PMLA, ED must demonstrate that procurement of property as 'proceeds of crime' are derived from criminal activity: HC (See 'Legal Desk') Copper Quality Control Order: A step towards Atma Nirbharta (See 'Corp Brief') Arbitration - Burden of proof to establish conduct of non-signatories during negatoation, execution & termination of contract, lies on party seeking to implead non-signatories to arbitration proceedings: HC (See 'Legal Desk') SECI wins PSU Transformation Award (See 'Corp Brief') Arbitration- Principle of consensus ad idem applies to non-signatory, who is sought to be made party in arbitration proceedings, making his consent mandatory for appointment of arbitrator: HC (See 'Legal Desk') India, ADB sign USD 50 mn loan for water harvesting in Meghalaya (See 'Corp Brief') IBC - Corporate debtor's liquidation value cannot be questioned if based on relevant material placed on record: SC (See 'Legal Desk') IWAI organizes a workshop on Inland Vessels Act, Rules and Central Database (See 'Corp Brief') PMLA - Apex Court grants bail to accused in relation to money laundering case connected to Mahadev Betting Scandal: SC (See 'Legal Desk') Over 1.52 Cr citizens served since launch of POPSKs in 2017 (See 'Corp Brief') A&C - Awarding damages by Arbitrator in absence of proven injury or loss qualifies to be patent illegality u/s 34 of Arbitration Act: HC (See 'Legal Desk') Challenge to an arbitral award as being in conflict with 'public policy' (See CORP EINSICHT)

CORP EINSICHT

By Shoba Ramamoorthy

Challenge to an arbitral award as being in conflict with 'public policy'

Published: Nov 29, 2024

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