By: Priyanka Shetty
What is a will?
A will is a legal declaration of the intention of a testator (person making the will) with respect to his property, which he desires to be carried into effect after his death.
A will shall be operational only after the death of the testator and under no situation will it be operational when the testator is alive.
Why is making a will significant? Why should one make it?
By: Ramesh Vaidyanathan and Sayeli Mehra
The Delhi High Court answered this question recently with an emphatic ‘No’ in the case of Sudhir Gopi vs. Indira Gandhi National Open University & Ors. (“IGNOU”) and clarified that an arbitral tribunal does not have the power to lift the corporate veil to bind a non-signatory to an arbitration proceeding, except where a corporate form has been used for an unlawful purpose or to perpetuate a fraud.
By: Ramesh Vaidyanathan and Mansi SIngh
In the recent case of IMAX Corporation vs. E-City Entertainment (I) Pvt. Ltd., the Supreme Court of India has emphasized that Indian courts cannot exercise jurisdiction over foreign seated international commercial arbitrations.