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There are multiple advantageous reasons behind parties preferring arbitration over litigation in India. With the passage of time, the arbitration law in India has been strengthened to promote such advantages of alternate dispute resolution mechanism. The benefits that has made arbitration one of the most popular and widely recognised mode of dispute resolution include less…
Essential for preserving the competition of businesses, contract laws internationally recognize non-compete clauses or restrictive covenants or covenants not to compete, wherein one party undertakes and agrees not to enter into or start a similar profession or trade in competition against another party. In India, the Indian Contract Act deals with such covenants and specifically under…