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SC Directs NCDRC To Expeditiously Pronounce Judgment In A Case Which It ‘Reserved For Judgment’ In October 2019

The Supreme Court has directed the National Consumer Disputes Redressal Commission to expeditiously pronounce judgment in a case which it had ‘reserved for judgment’ on 24 October 2019. The bench comprising Justices DY Chandrachud, Indu Malhotra and KM Joseph, directed thus while disposing of a Miscellaneous Application filed by a party to this case before NCDRC.
He contended before the bench that the judgment in the EA filed by him, has not been pronounced despite the principles enunciated in Anil Rai vs State of Bihar (2001) 7 SCC 318. He submitted that he has filed an application on 23 June 2020 for pronouncement of the judgment since the Member who heard the EA is due to retire on 31 August 2020.

Asia Law Offices advised a major transnational strategic collaboration between its client, UAE-Based Pharmax Pharmaceuticals, and Swiss pharma major Acino Pharmaceuticals.

ALO represented Pharmax in the structuring and closure of entire transaction documents of the significant collaboration.

The collaboration framework extends to licensing, manufacturing, and supply of Acino formulations within the gastroenterology and the cardiovascular space throughout the Middle East and Africa.