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In our globalized world, international trade and business transactions have become the norm. As a result, disputes arising from these transactions often find their way into the courts. However, many parties prefer arbitration as a method of dispute resolution due to its confidentiality, flexibility, and efficiency. A critical aspect of arbitration is the enforceability of […]

PREM SINGH vs  MAX NEW YORK LIFE INSURANCE CO. LTD. & ANR. (APPEAL NO. 1060 OF 2018)    Brief Facts of the Case: The complainant, a retired employee, alleged that Max New York Life Insurance misrepresented their “Life Maker Premium Investment Plan” as a fixed deposit (FD) that would double in five to six years. […]

Case Title: Canara Bank Vs. M/S. Shree Shakti Foam  If a bank fails to renew insurance coverage on behalf of its borrower, can it be held accountable? That is the main question at stake in the Canara Bank v. M/S. Shree Shakti Foam case. Asserting that the bank neglected to guarantee adequate insurance coverage, the […]

The Ld. National Consumer Disputes Redressal Commission (hereinafter referred to as the “NCDRC”) in a recent case of Rati Tripathi and Ors. vs Union of India and Anr., F.A. No. 544 of 2016, held that parties cannot claim compensation for the same incident twice. It was held that while parties have alternate remedies available to […]