The Supreme Court of India has once again reiterated one of the foundational principles of Insurance Law : non-disclosure of material information by an Insured at the time of entering into a contract of insurance would entitle a prudent Insurer to repudiate a claim made under the underlying policy on such ground.
Read MoreThe Supreme Court in a significant move on 30 April 2019 set aside a forced amalgamation of two companies being opposed to 'public interest', in a first ever invocation of Section 396 of the Companies Act, 1956 ("Act").
Read MoreAn arbitration clause in an agreement, which is not stamped as per law, cannot be given effect if and until the agreement is duly stamped, i.e., full stamp duty in respect of such agreement as provided by law has been paid.
Read MoreThe Central Government has introduced a number of reforms in the last few years, some of which have already created a major impact resulting in significant improvement in the World Bank's Ease of Doing Business rankings.
Read MoreCompanies Amendment Ordinance 2018 ("Ordinance 2018") issued on November 2, 2018 by the Ministry of Law and Justice brought about significant changes to 31 provisions of the Companies Act, 2013 ("Act"). While Ordinance 2018 got approval from Lok Sabha, it could not be taken up by the Rajya Sabha due to other exigent matters
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