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'Patent Illegality' A Ground Available To Set Aside Domestic Arbitral Awards Made After 2015 Amendment : SC [Read Judgment]

The Supreme Court has observed that an arbitral award can be set aside under Section 34 of the Arbitration and Conciliation Act if it is patently illegal or perverse. The bench comprising of Justice...

23 May 2020 6:09 AM GMT
Cooperative Banks Must Comply With Banking Regulation Act And Other Laws Related To Banking: SC [Read Judgment]

Cooperative Banks Must Comply With Banking Regulation Act And Other Laws Related To Banking: SC [Read Judgment]

The Supreme Court has held that the co­operative banks cannot carry on any activity without compliance of the provisions of the Banking Regulation Act, 1949 and any other legislation applicable to...

6 May 2020 4:27 AM GMT