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Written by Ananyashree Jaiswal and Shubhanjali Kushwana. the authors are law students currenlty pursuing BA.LLB from Gujarat National Law University. Introduction NCLAT's February 2026 ruling in Jindal Poly Films Limited v. Ankit Jain & Ors. (Company Appeal (AT) No. 47 of 2026) (judgement) births India's first viable Section 245 class action, validating minority claims over Rs. 2,500 crore undervalued related party transactions (RPT). The interpretation adopted by the NCLAT

The need for cross border arbitration emerges with the proliferation of international trade and owing to the need to solve the disputes...