The Hon’ble Supreme Court of India (“Supreme Court”), on March 8, 2021, in the matter of Gujarat Urja Vikas Nigam Limited Vs. Mr. Amit Gupta & Ors (“GUVNL Case”), stayed termination of a Po...
Published On: 14/09/2018
Practice Area: Litigation & Dispute Resolution, Government & Regulatory, Projects & Project Finance, Energy, Infrastructure & Natural Resources
Authors:
Kshitij Parashar
The Specific Relief (Amendment) Act which came into force at the beginning of August broadly makes specific performance a general rule, rather than a limited right and limits court intervention in relation to infrastructure projects. But will it improve India's global ranking in the enforceability of contracts and the ease of doing business?
