Investment Management Agreement Interpretation Beyond Writ Jurisdiction: Delhi HC

DMI Alternatives Private Limited Vs Additional Commissioner (Adjudication) & Ors (Delhi High Court) Delhi High Court held that Investment Manager Expenses would constitute part of the management fee or not would have to be analysed on the basis of Investment Management Agreement. Accordingly, held that the interpretation of such agreements which involves a factual analysis are beyond the scope of writ jurisdiction. Facts- The present petition has been filed by the Petitioner – DMI Alternatives Private Limited under Articles 226 and 227 of the Constitution of India, inter alia, assailing ...