In the past year, the Indian government introduced many significant corporate and tax changes to India’s corporate social responsibility (CSR) regime (Read our update on CSR regime here), culminating in FAQs released last month. This presentation by Majmudar & Partners consolidates the law on the subject and assesses the overall impact of the changes.
Arbitrators can calculate damages on the basis of “honest guesswork” if there is insufficient evidence
Download .pdf Recently, in the case of Cobra Instalaciones Y Servicios v. Haryana Vidyut Prasaran Nigam Ltd, the Delhi High Court (DHC) upheld the quantification of loss in an award by arbitrators done through “honest guesswork” as there was insufficient evidence on...