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The Court also clarified that to determine the stamp duty that is chargeable upon an instrument, the legal rule is that the real and true meaning of the instrument is to be determined by ascertaining the intention of the parties from the contents and the language employed in the whole instrument
“Section 29A intends to ensure the timely completion of arbitral proceedings while allowing Courts the flexibility to grant extensions when warranted. Prescribing a limitation period, unless clearly stated in words or necessary, should not be accepted. Bar by limitation has penal and fatal consequences.”
In recognition of his exemplary service and profound legal insights, Justice R. Mahadevan was appointed as a Judge of the Supreme Court of India and took oath of office on 18-07-2024.
The Supreme Court Collegium on 11-07-2024 had recommended the Judges’ names. With their induction, the Supreme Court will once again function on its complete strength of 34 Judges.
The Collegium on 11-07-2024 gathered to recommend the names of Justice N. Kotiswar Singh and Justice R. Mahadevan as Judges of the Supreme Court of India.