Search Results for "commercial dispute"

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"Commercial Appeals Dismissed: Court Upholds Single Judge's Decision Against Draft Supplemental Agreement" "Arbitral award set aside due to non-execution and unenforceability of central document, with significant procedural and substantive flaws identified."

Two concurrent Commercial Appeals (90 of 2020 and 91 of 2020) arising from an arbitral award dated February 14, 2017. The award was set aside by a Sin...

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Court Quashes FIR Against Sagacious Impex in Soybean Trade Dispute. Nagpur court rules in favor of Sagacious Impex, finding the commercial dispute with Pargan Singapore PTE Ltd. to be civil in nature, devoid of criminal intent.

The applicants, a partnership firm named “Sagacious Impex,” invoked the inherent powers of the court under Section 482 of the Code of Crim...

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Court Condoned 156-Day Delay in Commercial Appeal. Nagpur District Judge's dismissal of Rs. 1.7 Crore recovery suit leads to appeals; court finds sufficient cause for delayed appeal, schedules hearing for July 2024.

The original plaintiff's commercial suit for the recovery of Rs. 1,70,16,342 was dismissed by the District Judge-2, Nagpur, on 06.05.2022. Both the pl...

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Court Rejects SBI's Plea to Dismiss Commercial Suit for Fixed Deposit Fraud. Suit to Recover Rs. 36 Crores from SBI Proceeds Under Commercial Courts Act, Despite Allegations of Fraud by Bank Manager

A legal order from a commercial court addressing an application filed by the State Bank of India (SBI) to reject a plaint under Order VII Rule 11 of t...

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Notice of Motion to Quash Undefended Suit Order and Condonation of Delay. A Legal Challenge to Balance Procedural Flexibility and Strict Timelines Under the Commercial Courts Act

Notice of Motion requesting to quash and set aside orders that moved a suit to the undefended list due to the defendants' failure to file a written st...

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Supreme Court Sets Aside Consumer Complaint Ruling: Clarifies Commercial Disputes Are Beyond Consumer Jurisdiction. In a key judgment, the Supreme Court emphasizes that commercial transactions involving profit do not fall under the Consumer Protection Act.

The Supreme Court, ruled that commercial disputes aimed at profit cannot be adjudicated under the Consumer Protection Act. The court highlighted that...

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"A Case Examining Limitation and Arbitration in Franchise Disputes."

The Supreme Court ruled on the issue of whether the arbitration petition filed by Arif Azim Co. Ltd. was barred by limitation under Article 137 of the...