Tag: Commercial Contracts
October 25, 2019
Corporate Law
Corporate Law
Are Disputes arising out of Immovable Property consider...
In one of its recent judgements, Ambalal Sarabhai Enterprises Limited versus K.S. Infrasapce LLP and Other[1], the Supreme Court has pronounced that for an immovable property to fall under the scope of the Commercial Courts Act, 2015 ("CC Act"), such immovable property must be "used exclusively" or must be considered as "being used exclusively" in trade or commerce....
October 3, 2019
Corporate Law | Commercial Contract
Corporate Law | Commercial Contract
The Pre-eminence of Morality Clauses in Endorsement Con...
It is a fairly reasonable assumption to make that the famous or rather infamous relationship between law and morality would not apply to the commercial world of contractual arrangements. However, this is where morality clauses rear their heads to question that presumption. The morals or the morality clause, is a contractual provision in a contract or agreement that puts a restriction on certain behaviour emanating not from that person's commercial identity but from their personal life. These clauses tend to veer towards prohibiting behaviour that is frowned upon in society. ...