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Promoter’s Undertaking to Infuse Funds Does Not Amount to a Contract of Guarantee Under Section 126 of the Indian Contract Act: A Critical Analysis of the Supreme Court’s Ruling
Introduction The Supreme Court of India recently delivered a significant judgment that clarifies the legal distinction between a promoter’s undertaking to arrange funds for a
Locus Standi in Public Procurement: A Jurisprudential Treatise on the Challenge Rights of Disqualified Bidders
I. Introduction: The Constitutional and Commercial Confluence in Public Tenders The adjudication of disputes arising from government tenders and public procurement contracts occupi
The Securities Contracts (Regulation) Act 1956: Foundation of Indian Securities Market Regulation
Introduction The Securities Contracts (Regulation) Act of 1956, commonly known as SC(R)A, is one of the oldest financial laws in India. It was made at a time when our country had j
Shareholders’ Agreements vis-à-vis Articles of Association: Legal Validity and Judicial Interpretation
Introduction The governance framework of Indian companies operates at the intersection of statutory regulation and private ordering. While the Companies Act provides the statutory
Specific Performance in Business Agreements: Trends Post-2018 Amendment
Introduction The Specific Relief (Amendment) Act, 2018, which came into effect on October 1, 2018, marked a paradigm shift in the Indian contractual enforcement landscape. For de
Frustration of Contract in Commercial Leases Post-COVID: India’s Legal Position
Introduction The COVID-19 pandemic and subsequent government-imposed lockdowns triggered unprecedented disruptions to commercial activities worldwide, creating significant challeng
Electronic Contracts Under the Evidence Law: Admissibility Revisited
Introduction The digital revolution has fundamentally transformed contractual practices, with electronic contracts now permeating virtually every sector of commercial activi
The Complex Landscape of Contract Labour Act in India: Evolution, Challenges, and Reforms
Introduction Contract labour has become an integral part of India’s economic framework, particularly in the wake of globalization and the liberalization of the economy. As busine
Supreme Court Ruling on Limitation Period in Arbitration
Introduction: The Supreme Court of India recently issued a significant ruling on the topic of whether negotiations between parties involved in an arbitration can postpone the ̶
Supreme Court Ruling on Specific Performance of a Contract: Personal Testimony Required for Proving Readiness and Willingness
Introduction The Supreme Court of India has held that in suits for specific performance of a contract, the plaintiff must personally prove their readiness and willingness to perfor
