Driven by excellence, focused on strategies for the longer term.

This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

Deep sectoral expertise across services and industries.

Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

Personal commitment supported by experience and grit.

We commit early. We pull together internally for greater support. Every effort is sincere, every individual deeply dedicated to their task, their role, to the Firm.

Our undertakings for long-term impact are an organic extension of our purpose.

They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

Knowledge-sharing is intrinsic to equity and inclusivity.

This is a repository of thought leadership, deep insights and strong viewpoints, legal and other news and events and how they impact the industry and our clients.

Relevance is critical to growth. It necessitates a firm that is dynamic and responsive.

Amplifying intrinsic talent, sharpening skills, expanding knowledge, is vital to leading. It defines every aspect of how our firm functions and transacts. This is how we create new benchmarks and set industry standards.

  • Connect
Jul 23, 2024

SC in Exercise of Curative Jurisdiction Set Aside Arbitral Award on Ground That it Was Patently Illegal

A three-judge bench of the Supreme Court (‘SC’) in Delhi Metro Rail Corporation Limited v. Delhi Airport Metro Express Private Limited[1], in exercise of its curative jurisdiction under Article 142 of the Constitution of India (‘Constitution’), set aside an India-seated arbitral award on the ground that it violated the public policy of India and is patently illegal under Section 34(2A) of the Arbitration and Conciliation Act, 1996 (‘Arbitration Act’). The SC held that the exercise of curative jurisdiction should not be adopted as a matter of ordinary course and that it should not be used to open floodgates for intervention in an arbitral award, in review or curative jurisdiction, respectively.

[1] Delhi Metro Rail Corporation Limited v. Delhi Airport Metro Express Private Limited, 2024 SCC OnLine SC 522.

TAGS

SHARE

Subscribe

DISCLAIMER

These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

RELATED READING

Inter Alia

Circular on Timelines for Disclosure by Social Enterprises on SSE for Financial Year 2023-24

Jul 23, 2024 | Capital Markets Regulatory & Securities
Inter Alia

Three Newly Enacted Criminal Laws Have Come into Effect from July 1, 2024

Jul 23, 2024 | Dispute Resolution
Inter Alia

Amendment to Foreign Currency Accounts by a Person Resident in India Regulations

Jul 23, 2024 | Regulatory & Securities