Pre-Institution Mediation Under S.12A Commercial Courts Act Aimed To Encourage Litigation As A Last Resort: Calcutta High Court
In a significant case before the High Court at Calcutta, Asa International India Microfinance Ltd. (Appellant) filed an appeal (FMAT 3 of 2025) against Northern ARC Capital Ltd. and others, involving an ongoing commercial dispute. The case touches upon the application of Section 12A of the Commercial Courts Act, 2015 and addresses urgent relief sought in the matter. This legal case revolves around the payment obligations under a Non-Convertible Debenture…