Tag: contracts
August 14, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Damages Awarded for Loss of Profit are Patently Illegal...
In the recent case of M/S Plus91 Security Solutions v NEC Corporation India Private Limited (Erstwhile NEC Technologies Private Limited) , the Delhi High Court ruled that an Arbitral Tribunal awarding damages for loss of profits was patently illegal if the same was against the terms of the contract. ......
May 31, 2023
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Should a Court Intervene in Matters Relating to Tenders...
The Supreme Court ("SC") recently held that a writ court ordinarily should not interfere in matters relating to tender or contract. It further opined that a writ court should exercise caution when attempting to impose its decision on an employer regarding the acceptance or rejection of a tender bid, unless there is a glaringly obvious and significant issue that is brought to light. ......
May 12, 2021
Intellectual Property | Trademark
Intellectual Property | Trademark
To Litigate or Arbitrate, a “Heroic” Dilemma
As intellectual property disputes grow in number in India, corresponding questions arise regarding the most appropriate adjudicating authority to be approached for redress. Besides regular courts, IP disputes also occasionally make their way into arbitrations. But the circumstances under which IP disputes can be referred to arbitration are not always clear. ......