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Legacy > Articles
31 January
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Setting aside of arbitral award only if against public policy: Supreme Court clarifies the extent of the role played by High Courts in hearing appeals

Posted by legacy
in Arbitrage, Articles

In a recent case bought before the Apex Court, it has been evidently defined that an arbitral award can only be set aside if the award is against the public policy of India. The case, Haryana Tourism Limited (“Appellant” or “Corporation”) V. M/s Kandhari Beverages Limited (“Respondents” or “Company”) is the product of a dispute that arose between both the parties in a transaction that dates back to 2001. The present appeal was heard and adjudged by a bench of Justices M.S. Shah and B V Nagarathna on 11 Jan 2022, filed by the Appellant against an order of the...

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10 February
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Supreme Court upholds NGT’s ruling, orders the illegal construction to be razed: Everything that went wrong with a PPP project

Posted by Mr. Gagan Anand
in Articles, Legal Advice

“If human society is to stay within the bounds of critical ecological thresholds, it is imperative that environmental laws are widely understood, respected and enforced and the benefits of environmental protection are enjoyed by people and the planet.”[i]   The Supreme Court vide its judgment dated January 12, 2021 has upheld the ruling of the National Green Tribunal (“NGT”) passed in 2016 regarding demolition of an illegal hotel-cum-restaurant structure built on forest land for the Himachal Pradesh Bus Stand Management and Development Authority (“HPBSM & DA”), the appellant in the instant case. The Court held that the construction constitutes a brazen violation...

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08 February
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The Budget 2021- 2022: Reforms to Boost Infrastructure

Posted by Janmeet Singh
in Articles, Legal Advice

Infrastructure got a big boost in the Union Budget 2021-2022 presented by the Finance Minister (FM). The government has chosen to spend big on infrastructure covering sectors such as the road sector, power sector ports,airports sector, urban infrastructure and so on. In its Budget 2021-2022, the Finance Minister emphasized the need to increase funding from the Government and the financial sector for 'National Infrastructure Pipeline' (NIP), which has been expanded to cover 7,400 projects by 2025. The Government intends to achieve the funding by: a) Creating National Bank for Financing Infrastructure and Development (NBFID) which will have a capital base of Rs.20,000...

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