The In-House Lawyer

Case report: JP Vishnu Kumar v Canara Bank PN Road, Tiruppur & ors In the case of JP Vishnu Kumar v Canara Bank PN Road, Tiruppur & ors [2013], the Honourable Supreme Court of India had recently held that powers of the High Court under Article 2261 of ... Read more	Inroads into party autonomy: arbitration clauses in agreements with telecom service providers Arbitration, because of its nearly unfettered right of party autonomy, has become the agreed mode of dispute resolution between parties involved in commercial transactions. In India, arbitration laws underwent a marked change with the enactment ... Read more
Draft guidelines amending the existing regulatory framework for non-banking financial companies in I The non-banking financial sector in India is regulated by the Reserve Bank of India (RBI). The RBI had set up a working group under the chairmanship of Usha Thorat, to review the regulatory framework for ... Read more	Recovery of tax by lifting the corporate veil The concept of an incorporated company having a separate existence and the law recognising it as a legal person separate and distinct from its members/shareholders was first recognised in the case of Saloman v Saloman ... Read more
Clinical trials: a step towards ironing out regulatory ambiguities In 2005, India was the ‘go to’ destination for conducting clinical trials. However, recent articles indicate that, since then, the growth trajectory of the clinical trials industry in India has suffered due to the lack ... Read more	Judicial intervention in foreign arbitration: redefined by the Supreme Court of India Bharat Aluminum Company v Kaiser Aluminum Technical Services, Inc [2005] (the Balco judgment) concluding that the Indian courts would not have jurisdiction with respect to arbitrations with ‘seat outside India’, either for the purposes of ... Read more
The banking sector in India: capitalising on reforms? The Indian central bank – the Reserve Bank of India (RBI) – is committed to implementing the Basel III norms in a phased manner in India, commencing from 1 January 2013, with Indian banks being ... Read more	Video conferencing in India Indian courts in the last decade have been proactive in embracing advancement in ... Read more
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