NCLAT: Corporate Debtor’s Guarantor Liability Unchanged Despite Internal Adjustments Among Creditors  ||  NCLAT: Plea under IBC Section 7 Can't Be Restored After Corporate Debtor Pays Principal & Interest  ||  Delhi HC: Wife Can Be Denied Maintenance If She Fails To Submit Latest Salary Slips  ||  Kerala HC: Income of Parent Who Abandoned Family Shouldn’t Count For EWS Reservation Eligibility  ||  Gujarat HC: Writ Courts Interfering in Arbitral Procedure Orders Defies A&C Act’s Purpose  ||  Delhi HC: Plaintiff Doesn’t Have Vested Right to File Rejoinder under CPC  ||  J&K&L HC: Name Change Is Fundamental Right; Boards Must Consider Legal Documents, Not Reject Request  ||  SC: Administrative Delays by State Agencies Must Not Be Condoned  ||  Sc: When Sale Deed Is Void, Possession Suit Follows 12-Year Limitation under Article 65, Not Art 59  ||  SC: Preliminary Inquiry Report Can’t Stop Court from Directing FIR Registration    

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 2025 - All Rights Reserved