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Landmark judgment – Interplay between the Depositories Act, 1996 & the Indian Contract Act, 1872

The Hon’ble Supreme Court of India rendered an important judgement last week in the matter of PTC India Financial Services Limited v Venkateswarlu Kari and Another. (CA No. 5443 of 2019).

Our Partner Sidharth Sethi highlights the key issues and complexities involved in the matter, as also the reasons which make this judgment significant and landmark. Sidharth was leading the representation for PTC India Financial Services Ltd. on behalf of JSA and was assisted by Pallavi Kumar, Senior Associate.

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Tags Disputes, JSA, Landmark Judgement, Leading Law Firm, Leading Lawyers, Legal, NCLT

Pallavi Kumar Principal Associate

Pallavi’s key focus area is commercial litigation and arbitration. She advises and represents clients before various forums, including Supreme Court, High Courts, National Company Law Tribunals and National Company Law Appellate Tribunal.

Sidharth Sethi Partner

Sidharth’s practice covers diverse corporate commercial litigation, arbitration and alternative dispute resolution. He also advises and acts for clients in insolvency proceedings, global product liability litigations, constitutional & administrative law litigations, proceedings related to penal laws, white-collar crimes and corporate and forensic investigations.