Tagged “commercial”

3 articles on commercial.

Rahul Bhargava v. Neo Developers: RERA relief does not bar Section 9 arbitration protection

On 24 December 2025, a Division Bench of the Delhi High Court held that availing a RERA remedy does not, by the doctrine of election, bar a buyer from seeking interim protection under Section 9 of the Arbitration Act — the remedies are contemporaneous where the reliefs do not overlap.

Valkya Editorial·14 Jun 2026·8 min

Landmark JudgmentSupreme Court of India

Satyabrata Ghose v. Mugneeram Bangur: frustration as a rule of positive law

In 1953 a three-judge bench laid the foundation of Indian frustration doctrine, holding that Section 56 of the Contract Act is a complete code, that 'impossibility' means impracticability striking at the root of the contract, and that a temporary war requisition did not frustrate a no-fixed-time development contract.

Valkya Editorial·14 Jun 2026·8 min

Landmark JudgmentSupreme Court of India

Tomorrowland v. HUDCO: interest is discretionary, and forum shopping can cost it

On 13 February 2025, a two-judge bench held that the award of interest under Section 34 CPC is an equitable, discretionary relief and denied interest on a refunded principal because the claimant had engaged in forum shopping and procedural abuse.

Valkya Editorial·14 Jun 2026·8 min