Articles

Agriculture contributes more than 65% of Indian Gross Domestic Produce. Further India is one of the largest exporters of Agricultural products. Indian Government to support Agriculture has taken various steps i.e setting up Government laboratories for sample testing, enacting Laws and setting up market for easy and smooth trade of food grains as well as […]

INTRODUCTION Back-to-back agreements, also known as parallel contracts, are a common practice in the business world. Most of the real estate companies and Tech companies enter into back to back agreements with the sub-contractors. These agreements involve two separate contracts, one agreement between a principal and a main contractor and other agreement between the main […]

Introduction The 21st century is the era which will mark the beginning of Artificial Intelligence becoming an everyday part of human life. AI and machine learning based technology is already being utilised across multiple sectors such as education, agriculture, arms etc.1 Likewise, the legal field is not immune to the introduction of AI. It is […]

What are green bonds? The Organisation For Co-operation and Development (OECD) defines green bonds as a type of bond which “is a commitment to exclusively use the funds raised to finance or re-finance “green” projects, assets, or business activities.”1 Essentially it is a fixed income debt instrument which is issued for the purpose of receiving […]

Quantum Meruit is an exception to the general rules laid down under The Contract Act, which provides that a party should be reasonably compensated for the work done by it. Section 75 of the Contract Act deals with the doctrine of Quantum Meruit. As per the doctrine, when a person performs work pursuant to a […]

INTRODUCTION Arbitration is a method of alternate dispute resolution, where parties to a commercial transaction enter into an agreement to resolve the disputes arising between them by appointing impartial persons referred to as Arbitrators. The Arbitration and Conciliation Act of 1996 aims to cut down judicial intervention in arbitration proceedings i.e. to minimize the burden […]

The concept of Summary trial was first brought forward in The Law Commission report where it recommended in its 253rd Report the introduction of a new summary judgment procedure that would allow the courts to resolve any commercial dispute claim without recording oral testimony, provided the application for summary judgment was submitted prior to the […]

Legal Era awarded “40 Under 40 Rising Star Award 2022”,to Varun S Ahuja in recognisation for his outstanding achievements and professional excellence industry-wide. Previous Next

Introduction: Arbitration as a mode of Alternate Dispute Resolution came into existence with a very important objective, i.e., to speed up the process of dispute resolution.[1] To meet this objective the legislation and Courts have time and again made efforts to minimize the interference of the Court in the arbitration process.[2] Whenever an arbitral award […]

Introduction: Globally, arbitration has taken over as the standard method for resolving commercial disputes. By allowing them to choose a fair and adaptable arbitration forum, it gives parties a significant amount of control. However, before courts and arbitral tribunals, the arbitrator’s capacity to arbitrate is always given primary priority. In various situations, the word “arbitrability” […]

Frustration of Contract is based on the maxim “les non cogit ad impossibilia” which means that the law will not compel a man to do what he cannot possibly perform. Merriam Webster defines the term contract: “a binding agreement between two or more persons or parties especially: one legally enforceable”. Merriam Webster defines the term […]

INTRODUCTION ‘Arbitration’ refers to ‘a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court.’– WIPO. Although arbitration is often referred to as […]