Krishna Yadav

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Articles

HT Syndication: Bhushan Power liquidation order rattles banks, lawyers

1 week ago | htsyndication.com | Krishna Yadav |Shayan Ghosh

Posted On: 2025-05-03 Posted By: Krishna Yadav & Shayan Ghosh National Politics HT Chandigarh Mumbai, May 3 -- The Supreme Court on Friday ordered the surprise liquidation of Bhushan Power & Steel Ltd, nearly five years after India's largest steelmaker JSW Steel Ltd acquired the bankrupt company in an insolvency auction.Lawyers termed the order unprecedented, as it overturns prior orders by the company law tribunal, raises questions over the fate of loans recovered by the banks, and imperils...
HT Syndication: Bhushan Power liquidation order rattles banks, lawyers

1 week ago | htsyndication.com | Krishna Yadav |Shayan Ghosh

Posted On: 2025-05-03 Posted By: Krishna Yadav & Shayan Ghosh National Politics HT Chandigarh Mumbai, May 3 -- The Supreme Court on Friday ordered the surprise liquidation of Bhushan Power & Steel Ltd, nearly five years after India's largest steelmaker JSW Steel Ltd acquired the bankrupt company in an insolvency auction.Lawyers termed the order unprecedented, as it overturns prior orders by the company law tribunal, raises questions over the fate of loans recovered by the banks, and imperils...
HT Syndication: Bhushan Power liquidation order rattles banks, lawyers

1 week ago | htsyndication.com | Krishna Yadav |Shayan Ghosh

Posted On: 2025-05-03 Posted By: Krishna Yadav & Shayan Ghosh National Politics Hindustan Times Mumbai, May 3 -- The Supreme Court on Friday ordered the surprise liquidation of Bhushan Power & Steel Ltd, nearly five years after India's largest steelmaker JSW Steel Ltd acquired the bankrupt company in an insolvency auction.Lawyers termed the order unprecedented, as it overturns prior orders by the company law tribunal, raises questions over the fate of loans recovered by the banks, and...
HT Syndication: AI hallucination spooks law firms, halts adoption

1 week ago | htsyndication.com | Krishna Yadav |Shouvik Das |Devina Sengupta

New Delhi, May 2 -- Worried by instances of artificial intelligence (AI) tools such as ChatGPT throwing up fictitious cases and results, Indian law firms have started restricting AI usage internally. Law firmsare sharing cautionary notes with their employees, conducting training programmes and draftingagreements to assure clients that AI tools will not be used for legal advice or research, according to solicitors representing companies across sectors.
AI hallucination spooks law firms, halts adoption

1 week ago | livemint.com | Krishna Yadav |Shouvik Das |Devina Sengupta

Worried by instances of artificial intelligence (AI) tools such as ChatGPT throwing up fictitious cases and results, Indian law firms have started restricting AI usage internally. Law firms are sharing cautionary notes with their employees, conducting training programmes and drafting agreements to assure clients that AI tools will not be used for legal advice or research, according to solicitors representing companies across sectors.
Courts can modify arbitral awards, rules the Supreme Court

2 weeks ago | livemint.com | Krishna Yadav |Manas Pimpalkhare

Indian courts can, under limited circumstances, modify arbitral awards, ruled a Constitution Bench of the Supreme Court on Wednesday. So far, Indian courts could only uphold or set them aside. The five-judge bench, led by Chief Justice of India Sanjiv Khanna, ruled that courts can modify arbitral awards in accordance with Sections 34 and 37 of the Arbitration and Conciliation Act, 1996.
HT Syndication: Courts can modify arbitral awards, rules the Supreme Court

2 weeks ago | htsyndication.com | Krishna Yadav |Manas Pimpalkhare

New Delhi, April 30 -- Indian courts can, under limited circumstances, modify arbitral awards, ruled a Constitution Bench of the Supreme Court on Wednesday. So far, Indian courts could only uphold or set them aside. The five-judge bench, led by Chief Justice of India Sanjiv Khanna, ruled that courts can modify arbitral awards in accordance with Sections 34 and 37 of the Arbitration and Conciliation Act, 1996.
CBI to probe banker-builder ties over subvention schemes

2 weeks ago | livemint.com | Krishna Yadav |Madhurima Nandy

Summary The Supreme Court asked the CBI to form a special investigation team to examine the practice, starting with projects from bankrupt Supertech in the Delhi-NCR. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories.
Sunscreen wars: Honasa and HUL spar in court over ad campaigns

4 weeks ago | livemint.com | Krishna Yadav |Suneera Tandon

Honasa has accused HUL of launching a calculated attack on the reputation of its Derma Co. sunscreen, pointing to similarities in the ad's packaging. A simmering rivalry in India’s booming skincare market has spilled into the courts. Honasa Consumer Ltd, the parent of brands like Mamaearth and The Derma Co., filed a lawsuit on Tuesday against Hindustan Unilever Ltd (HUL), alleging that a recent Lakme sunscreen campaign undermines the credibility of its own product.
Soon, your job contract will have a tariff clause

4 weeks ago | livemint.com | Krishna Yadav |Devina Sengupta

Wars and global trade embargos have started reshaping employment contracts. Indian companies are hiring law firms to incorporate conditions that provide legal protection if such unprecedented events prompt layoffs or other measures to cut costs. Not just that.