Supreme Court Holds Avitel in Contempt for Not Maintaining USD 60 Million Balance: HSBC PI Holdings vs. Pradeep Shantipershad Jain (2022)

/ Aniruddha Bose, Arbitration and Conciliation Act, 1996, Arbitration and Conciliation Act, 1996 with Section 9, Constitutional Law, Constitutional Law with Article 129, Contempt of Court, Contempt of Courts Act, Contempt of Courts Act with willful disobedience, Judges, M.R. Shah

Supreme Court Holds Avitel in Contempt for Not Maintaining USD 60 Million Balance: HSBC PI Holdings vs. Pradeep Shantipershad Jain (2022) LEGAL ISSUE: Whether non-compliance with a court order to maintain a specific bank balance constitutes contempt of court, even if the order is executable through other means. CASE TYPE: Contempt of Court Case Name: […]

Supreme Court Holds Avitel in Contempt for Not Maintaining USD 60 Million Balance: HSBC PI Holdings vs. Pradeep Shantipershad Jain (2022) Read Post »