Understanding the Insolvency and Bankruptcy Code, 2016 Analysing developments in jurisprudence
A STUDY OF THE INSTITUTE CARGO CLAUSES (A COMPARISON BASED ANALYSIS OF THE TYPES AND AMENDMENTS)
by Samuel Joe
‘The Arundel Castle’ – QUEEN'S BENCH DIVISION clarifies the meaning of ‘port limits’
Modern Definition of Port Limits
Laytime can only commence when a vessel has actually arrived at a port and tendered her NOR. The test for an “arrived ship” was set out by the House of Lords in the Johanna Oldendorff  2 Lloyd’s Rep 285 where Lord Reid said:
Squeeze outs under Indian Companies Act, 2013
Apart from the deadlock or risks of litigation created by the minority block, there can be cases where the majority wants to do away with the minority shareholders in entirety in order to obtain an administrative stronghold. Thus the concept of minority “squeeze outs”, which are well recognized in the legal frameworks of many jurisdictions, becomes relevant.
Bills of lading : Practical Guide
In 1996 the North of England P&I Association issued a simple questionnaire to reader of its loss prevention newsletter ‘Signals’. It asked for their experiences with regard to the issue of bills of lading and subsequent delivery of cargo against those bills of lading. The majority of answers were received from ship owners’ offices or from masters, with agents, operators, financiers and others also responding.
Green Shoe Option in India
Ownership of a ship involves a whole more than simply buying ships, finding cargoes to transport and eventually transporting the cargoes. Before now, shipowners would undertake all the functions required of shipowning by providing an in-house management department. Today, the norm has shifted from this. Although shipowners may carry out the whole function themselves, there is a whole sector of organizations offering their services as ship managers. These services started in the late 1960s, when oil companies owned ships that carried their cargoes.
Contract’s Midnight Clauses: Governing law; Applicable jurisdiction and Arbitration Clause.
Bilateral investment treaties
A country takes on an international obligation with the obvious intent of honouring its commitments under a specific instrument, to the fullest extent possible. Today, we see international agreements within the realm of cross-border trade and investment incorporating robust mechanisms for the enforcement of such obligations.