Date: 11.10.2021 INTRODUCTION Simply put, a ‘Ponzi scheme‘ is a scam investment purposed at cheating investors. It involves persuading the public to invest in fraudulent, seemingly lucrative, schemes. With nearly no real income, these thrive on a consistent progression of…
Date: 11.10.2021 Introduction In an appeal from a Gujarat High Court decision, a Supreme Court Division Bench comprising of J. Indira Banerjee and J. J.K. Maheshwari on the 14th of September 2021 held that subsequent to the constitution of an…
Date: 11.10.2021 Introduction Recently, the Supreme Court (“Court”) in the case titled “The Project Director, NHAI v. M. Hakeem and Anr” dismissed an Appeal concerning whether the power vested under Section 34 of the Arbitration & Conciliation Act, 1996 (hereinafter as “Arbitration…