Arbitration: Rising alternative dispute resolution mechanism

The resolution of a dispute via an arbitration mechanism saves time and cost. The proceedings are conducted as agreed by the parties or accordingly. However, if the parties are not satisfied with the award, then it can be challenged also.

MahaRERA launches India’s First Conciliation Forum under RERA

MahaRERA has formally proclaimed the launch of its reconciliation platform. The forum will come into live from February 1, 2018. The trials before the conciliation benches are anticipated to start from the first week of March.

Recovery of due amount under the MSMED, 2006

How a unit registered under MSME can recover the money as per the provisions of the Act? What are the liabilities of the buyer to make a payment towards the MSME registered unit?

An Operational Creditor with an Arbitral Award can proceed as a Decree Holder

The National Company Law Tribunal has paved the way for operational creditors to revive their debt and proceed as decree holder.