Newsletter Issue - April 2018

Key Updates:

• Court can’t refer parties to Arbitration on Oral consent given by their counsel: SC

• No Regular Bail to be granted just on the basis that the accused was earlier granted Anticipatory Bail: SC

Policy Updates:

• Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits

• Prohibition on dealing in Virtual Currencies (VCs)

Hammurabi & Solomon (H&S)April

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