Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2021 (1) TMI 261

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ent - Pre-Institution Mediation and Settlement under section 12A of the Commercial Courts Act, 2015 - HELD THAT:- Under Section 12A of the Commercial Courts Act, 2015, time is prescribed for completing the process of compulsory pre-litigation, mediation and settlement. The said time is also liable to be extended - it is directed that the said time shall stand extended from the time when the lockdown is lifted plus 45 days thereafter. That is to say that if the above period, i.e. the period of lockdown plus 45 days has expired, no further period shall be liable to be excluded. Time limit for Service of all notices, summons and exchange of pleadings - HELD THAT:- Service of notices, summons and exchange of pleadings/documents, is a requ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... AG, Mr. Tushar Mehta, SG, Mr. Ankur Talwar, Adv., Mr. Kanu Agrawal, Adv, Mr. B.V. Balram Das, AOR, Mr. Divyakant Lahoti, AoR, Mr. Parikshit Ahuja, Adv., Ms. Praveena Bisht, Adv., Ms. Vindhya Mehra, Adv., Ms. Madhur Jhavar, Adv., Mr. Kartik Lahoti, Adv., Mr. Rahul Maheshwari, Adv., Mr. Bhanu Pant, Adv., Mr Apoorv Kurup, Adv., Ms. Upama Bhattacharjee, Adv., Mr. C.M. Lall, Sr. Adv., Mr. Gurvinder Singh, Adv., Mr. Gaurav Miglani, Adv., Mr. Rahul Vidhani, Adv., Ms. Nancy Roy, Adv., Ms.Archana Sahadeva, AOR, Mr. Shyam Divan, Sr. Adv., Mr. Sameer Pandit, Adv., Mr. Nikhil Ranjan, Adv., Mr. Utkarsh Kulvi, Adv., Mr. Govind Manoharan, Adv., Ms. Sarrah Khambati, Adv., Mr. Pranaya Goyal, AOR, Mr. V. Giri, Sr.Aadv., Mr. Ramesh Babu M.R., Adv., Ms. Aruna .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ition (C) No. 3/2020, by our order dated 23-3-2020 and 6-5-2020, we ordered that all periods of limitation prescribed under the Arbiration and Conciliation Act, 1996 shall be extended w.e.f. 15-3-2020 till further orders. 4. Learned Attorney General has sought a minor modification in the aforesaid orders. 5. Section 29A of the Arbitration and Conciliation Act, 1996 does not prescribe a period of limitation but fixes a time to do certain acts, i.e. making an arbitral award within a prescribed time. We, accordingly, direct that the aforesaid orders shall also apply for extension of time limit for passing arbitral award under section 29A of the said Act. Similarly, Section 23(4) of the Arbitration and Conciliation Act, 1996 provides for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ver, if a party intends to effect service by means of said instant messaging services, we direct that in addition thereto, the party must also effect service of the same document/documents by e-mail, simultaneously on the same date. Extension of validity of Negotiable Instruments Act, 1881-I.A. Nos. 48461 and 48672/2020 (IA. No. 48671/2020, 48673/2020) I.A. No. 48671/2020 for impleadment is allowed. 9. With reference to the prayer, that the period of validity of a cheque be extended, we find that the said period has not been prescribed by any Statute but it is a period prescribed by the Reserve Bank of India under section 35-A of the Banking Regulation Act,1949. We do not consider it appropriate to interfere with the period pre .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates