Articles and Updates

• Vasanth Rajasekaran , Saurabh Babulkar and Harshvardhan Korada - 01-02-2022

The Hon'ble Supreme Court in a recent judgment in Sheth M L Vaduwala Eye Hospital v. Oriental Insurance Company Limited and Ors.1 held that a hospital could not claim to be indemnified under an insurance issued in the name of the doctors in a case concerning claims of professional negligence. In this article, we briefly examine the facts and findings of the aforementioned case.

• Vasanth Rajasekaran , Saurabh Babulkar and Harshvardhan Korada - 24-01-2022

In a recent judgment in Devas Multimedia Pvt. Ltd. v. Antrix Corporation Ltd. & Anr.1, the Hon'ble Supreme Court has upheld the order of National Company Law Appellate Tribunal (NCLAT) for winding up of Devas Multimedia Pvt. Ltd. (Devas). The Hon'ble Supreme Court concluded that Devas had been operating fraudulently since its inception.

• Vasanth Rajasekaran , Saurabh Babulkar and Harshvardhan Korada - 24-01-2022

The Hon'ble Supreme Court in a recent decision in Competition Commission of India v. State of Mizoram & Ors.1 held that while lotteries may be a regulated commodity and res extra commercium, the same would not take away the jurisdiction of Competition Commission of India (CCI) to look into allegations of anti-competitive activities in business or services related to lotteries. In this article, we briefly navigate through the facts and findings of the aforementioned decision.

• Vasanth Rajasekaran and Harshvardhan Korada - 23-01-2022

In the article published in the BusinessLine, our Partner Vasanth Rajasekaran and Associate Harshvardhan Korada examine the Zee-Invesco dispute and present their take on the rising shareholder activism in India.

• Ritika Ganju and Ashna Gupta - 21-01-2022

Over the years, the Competition Commission of India (CCI) has dealt with several cases involving resale price mechanism. Last year in August 2021, CCI dealt with one such case involving country's leading and largest automaker, Maruti Suzuki India Limited (MSIL) and imposed hefty penalty of INR 2 billion on MSIL upon finding it guilty of indulging in market practices in contravention of the Competition Act, 2002 (the Competition Act). The case of MSIL lays down the principles on which the CCI concluded that the practice of fixing and enforcing a minimum retail price has the effect of not only resulting in decrease in intra-brand price competition, but also decrease in inter-brand price competition.