Keeping Pace with Legal Change
The Indian electric car market is a tale of innovation and hope and companies such as Ola Electric are leading…
In a landmark decision, the Supreme Court of India has recently ordered on a legal dispute between a privately owned…
Recently the supreme court of India made a landmark ruling on the interpretation and the existence of arbitration agreements especially…
Lloyds Engineering Works Limited Recently Rajani Associates one of the leading law firms in India advised the company in its rights issues worth Rs 987.26 cr. The latter success emphasizes the competence of this company in the sphere of capital markets and corporate financing. Rajani Associates, famous for its practical legal insights, also has an impressive record in other complicated corporate transactions as well as dispute resolutions.
In the case of Adavya Projects v. Vishal Structurals, the Supreme Court made it clear that the failure to serve Section 21 notice does not impede impleadment in arbitration provided the parties accepted to the arbitration agreement. This decision highlights the fact that the jurisdiction of the tribunal is derived from consent rather than from compliance with the procedures.
The Supreme Court, led by Justices Dipankar Datta and Manmohan, upheld exclusive jurisdiction clauses in private employment contracts, affirming their enforceability. The ruling clarifies that such clauses bind parties to designated courts, ensuring legal certainty and streamlining dispute resolution in employment agreements.
