by Majmudar & Partners | Apr 15, 2021 | Corporate/M&A
On February 15, 2021, an arbitral tribunal (the “Tribunal”) issued an award in a dispute between Zostel Hospitality Private Limited (“Zostel”) and Oravel Stays Private Limited (“Oyo”). The parties to the dispute operate accommodation management and booking business in...
by Majmudar & Partners | Dec 9, 2020 | Disputes and Arbitration
Recently, in the case of Dholi Spintex Pvt Ltd v. Louis Dreyfus Company India Pvt Ltd, the Delhi High Court (DHC) held that two Indian parties can agree to a foreign law governing the arbitration. In this case, the DHC relied on GMR Energy Limited vs. Doosan Power...
by Majmudar & Partners | Mar 25, 2019 | Policy & Governance Updates
Introduction On March 26, 2016, the Indian government introduced the Aadhar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (the “Act”). The Act’s objective was, inter alia, to provide good governance, and an efficient and...
by Majmudar & Partners | Sep 3, 2018 | Disputes and Arbitration
Introduction India’s Specific Relief Act, 1963 (the “Act”) permits a party to seek specific performance of a contract as an alternative to seeking damages for breach of contract or failure to perform the contract under the Indian Contract Act, 1872. On January 28,...
by Majmudar & Partners | Sep 1, 2016 | Disputes and Arbitration
Introduction Recently, in three (3) identical matters (two (2) of which were filed by the Board of Control for Cricket in India (“BCCI”) against Rendezvous Sports World and Kochi Cricket Private Limited, respectively,) where the award-debtors sought to dismiss the...
