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Transaction between the parties at least one of whom is either a foreign national, or habitually resident in, any country other than India; or by a body corporate which is incorporated in any country other than India or by the Government of a foreign country, the arbitration becomes an international commercial arbitration.

Transaction between the parties at least one of whom is either a foreign national, or habitually resident in, any country other than India; or by a body corporate which is incorporated in any country other than India or by the Government of a foreign country, the arbitration becomes an international commercial arbitration.

The Supreme Court held that “Indeed, an analysis of Section 2(1)(f) would show that whatever be the transaction between the parties, if it happens to be entered into between persons, at least one of whom is either a foreign national, or habitually resident in, any…

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The period of limitation for filing the petition to set aside the arbitral award shall begin from the date when the signed copies of the award are received by the parties.

The period of limitation for filing the petition to set aside the arbitral award shall begin from the date when the signed copies of the award are received by the parties.

The Supreme Court, while deciding the issue that whether the period of limitation for filing the Petition under Section 34 of Arbitration and Conciliation Act would commence from the date on which the draft award was circulated to the parties, or the date on which…

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Future Income of Self-employed deceased is to be calculated after addition of 40% as future prospects in present income to make the basis for the calculation of Compensation in Motor vehicle Accident.

Future Income of Self-employed deceased is to be calculated after addition of 40% as future prospects in present income to make the basis for the calculation of Compensation in Motor vehicle Accident.

The Supreme Court in Rahul Sharma Vs. National Insurance Co. Ltd., dated 07.05.21 reiterated that “This Court in a Five Judge Bench decision in National Insurance Co. Ltd. Vs. Pranay Sethi (2017) 16 SCC 680, clearly held that in case the deceased is self-employed and below the…

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