Delhi High Court: “Bank Guarantee Is An Independent Contract Distinct From Underlying Agreements”

The Delhi High Court ruled that a bank guarantee is an independent contract, enforceable solely by its terms and distinct from any underlying agreements or disputes.

Bombay HC Upholds Rs.538 Cr Arbitration in Favour of Kochi Tuskers, BCCI Loses Case: “Court Cannot Act as an Appellate Body”

Bombay High Court upheld the Rs.538 crore arbitration award in favour of Kochi Tuskers Kerala, rejecting BCCI’s challenge. The Court said, “It cannot act as an appellate body regarding the conclusions made by the arbitrator.”

Reliance Power: Stock Price Rises Upto 3% After Delhi High Court Stays SECI’s Debarment Notice Against Anil Ambani-Led Company

SECI banned Reliance Power and Reliance NU BESS from its tenders for three years due to alleged submission of fake documents in a June 1,000 MW/2000 MWh BESS project tender. The Delhi High Court granted a stay on the ban, allowing Reliance Power to challenge the decision, while SECI faces scrutiny over its processes.

[InterDigital Patent Infringement Case] Delhi HC Rejected Plea of Access License Agreements of Oppo, RealMe And OnePlus

The Delhi High Court denied InterDigital Technology’s request to access licensing agreements between Oppo, RealMe, and OnePlus and two Standard Essential Patent licensors. Both sides were directed to submit certain licensing agreements with chipset supplier Qualcomm. The main suit will be heard on July 3, with a decision expected by the end of 2024.