Del. HC: If Accused Discharged/Acquitted under PMLA, Properties Attached Shall be Released  ||  Bom. HC: For Issuing Reopening Notice After Three Years, Sanctioning Authority has to be PCCIT  ||  Del. HC: Delhi Govt. to Frame Policy for Compensation to Victims of Chinese Manjha  ||  Del HC: Stay on Delhi Govt’s Circular Asking Private Unaided Schools to Get Sanction Before Fee Hike  ||  SC: Stamp Duty Can be Imposed by State on Insurance Policies Executed Within State  ||  SC: IO to Make Clear & Complete Entries in Chargesheet, Role Played by Each Accused to be Mentioned  ||  Madras High Court: Guidelines Issued to Eradicate Manual Scavenging  ||  Ker. HC: Payment of Interest Can’t be Reviewed or Added While Enforcing Foreign Award  ||  Del. HC: ED Cannot Invoke Section 50 of PMLA Against Citizens Who Aren’t Suspects  ||  SC: Without Examining Lawfulness of 'Minutes of Order' Filed by Advocates, Orders Cannot be Passed    

Madras HC: MSMED Act Overrides Arbitration Agreement between Parties - (14 Apr 2022)

ARBITRATION

Madras High Court has ruled that section 18 of Micro, Small & Medium Enterprises Development Act, 2006 will override the arbitration clause between the parties. The Court has observed that since Section 24 is a non-obstante clause, it gives overriding effect to Sections 15 -23 of the Act.

Tags : MADRAS HIGH COURT   MINISTRY OF MICRO   SMALL & MEDIUM ENTERPRISES ACT   ARBITRATION CLAUSE   OVERRIDING   NON-OBSTANTE CLAUSE  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved