Supreme Court: Non-Signatory That is Not a Veritable Party Cannot Invoke an Arbitration Clause  ||  SC: Bail Can't be Cancelled For Police Non-Appearance Once Chargesheet is Filed and Trial is Attended  ||  SC: New Arbitration Bill Fails To Provide a Statutory Appeal Against Tribunal Termination Orders  ||  SC: Employees Who Resign or Retire After Five Years of Service Are Entitled to Receive Gratuity  ||  SC: Employees Who Resign or Retire After Five Years of Service Are Entitled to Receive Gratuity  ||  Supreme Court: Higher Courts Should Avoid Unnecessary Remand of Cases to Lower Courts  ||  J&K&L HC: Under SARFAESI Act, Borrower's Right To Redeem a Secured Asset Ends With Auction Notice  ||  Calcutta HC: Income Tax Returns Can Be Used to Assess Victim's Income; ?39 Lakh Compensation Granted  ||  Delhi HC: Woman's Right to a Shared Household Does Not Allow Indefinite Occupation of In-Laws' Home  ||  Delhi HC: Director Disputes in a Company Do Not Qualify as Genuine Hardship to Delay ITR Filing    

Supreme Court Bars Lenders from Making Claims in Arbitration Tribunals - (25 Jan 2021)

ARBITRATION

Supreme Court has barred banks and financial institutions from making a claim in an arbitration tribunal to recover their money stating that holding that the claims of banks and financial institutions as arbitrable would deprive and deny the institutions of the specific rights including the modes of recovery specified in the Recovery of Debts Due to Banks and Financial Institutions Act, 1993

Tags : SUPREME COURT   CLAIMS OF BANKS AND FINANCIAL INSTITUTIONS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved