Supreme Court: Past Ad Hoc Service Counts for Pension, Not Seniority Against Direct Recruits  ||  SC: CPC Amendment Allowed When New Facts and Reliefs Directly Relate to Existing Dispute  ||  SC: Governing Law Clause Relevant to Determine Arbitral Seat When Two Venues Are Named  ||  Supreme Court: Section 161 CrPC Statements Can Be Considered at Cognizance Stage, Not at Trial  ||  Bombay High Court Directs Release of Protesters Held over Anti-ECI Agitations  ||  Kerala High Court Orders State to Pay Rs. 21,000 Post-Surgery Assistance to Transgender Person  ||  Madras High Court: DVAC Not Entitled to Blanket RTI Exemption in Corruption Cases  ||  Karnataka High Court Strikes Down Enhanced SC/ST Quota for Breaching 50% Reservation Cap  ||  Delhi HC: First-Come, First-Served Policy for Ramleela Ground Allotment is Unfair  ||  Kerala HC Upholds Automatic Revocation of Christian Wills on Marriage under S.69 Succession Act    

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 2026 - All Rights Reserved