In a recent decision in Sun Travel v Hilton1, the High Court of the Maldives grappled with the question of whether a party applying for the enforcement of a foreign arbitral award is required to apply for both recognition and enforcement of the award. The judgment adds another loop to the long-running dispute involving the arbitrationContinueContinue reading “Sun Travel v. Hilton: High Court of Maldives Confirms Recognition and Enforcement of Arbitral Awards”
Category Archives: Corporate Law
The Ambit of Executive Power: Analyzing the Delhi High Court’s verdict
On 15th December 2021, the Delhi High Court gave its verdict in a highly controversial matter discerning the scope of the executive’s power of delegated legislation in absence of explicit instructions while interpreting the provisions in the light of the taxation laws. While hearing 1346 petitions in the case of Mon Mohan Kohli Vs ACIT,ContinueContinue reading “The Ambit of Executive Power: Analyzing the Delhi High Court’s verdict”
Shooting Down the Independence of Judiciary: Tribunal Reforms Act 2021
The ‘basic structure’ of the Indian Constitution has revolutionized India’s constitutional law jurisprudence since its establishment. The doctrine of the separation of powers is considered to be an important pillar of the basic structure, keeping the independence of the judiciary intact, preventing disequilibrium in the balance of powers which generally leads to abuse of powerContinueContinue reading “Shooting Down the Independence of Judiciary: Tribunal Reforms Act 2021”
Corporate Frauds in India from 1992-2019
In this article Avantika Banerjee traces the history of the corporate frauds in India from 1992-2019. She also emphasizes on how these scams have shaped the corporate laws in India.
Criminalisation of Cartel Conduct: A Desirable Change?
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”Adam Smith When competing business firms form organization, by way of collusion, to indulge in anti-competitive practices aimed at illicitly maximising their profits, then they areContinueContinue reading “Criminalisation of Cartel Conduct: A Desirable Change?”
Case Comment: Gary Kremen v. Stephen Michael Cohen
The analysis of this judgment deals with the question as to whether a registrant of an internet domain name has an intangible property right in that domain name such that wrongful disposition of that property can constitute the tort of conversion?
Lvb-Dbs Amalgamation: A Stratergy to Enhance ‘Phygital’ Presence of Foreign Banks In India
Title of Article: Lvb-Dbs Amalgamation: A Stratergy to Enhance ‘Phygital’ Presence of Foreign Banks In IndiaAuthor: Avantika Banerjee, School of Law, Pondicherry University Lakshmi Vilas Bank Limited was an Indian private sector bank established in 1926 in Karur, Tamil Nadu. It is founded in 1926 by a group of seven businessmen in Karur under the leadership of VSNContinueContinue reading “Lvb-Dbs Amalgamation: A Stratergy to Enhance ‘Phygital’ Presence of Foreign Banks In India”
Time to deactivate and move on to more compliant pastures?
Closer home, the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (hereinafter “the Rules”) were notified which aim at regulating content on social media platforms by increasing accountability from intermediaries and companies by appointing nodal grievance officers, removing content swiftly and then some. These were framed under Section 87 of the Information Technology Act, 2000 (hereinafter “the Act”) which empowers the Union Government to make subsidiary rules without Parliamentary assent.
Money laundering: A worry which needs to be vanquished
Today in this fast – moving world, where the world is witnessing rapid globalization and industrialization, a lot of illegally generated money whose source can’t be traced is generated for someone’s ulterior motive. To curb this, which can be detrimental to any country’s economy and development the governments across the globe have introduced Acts and Laws to limit the same.
E-commerce and the anti-competitive practice conundrum
A similar issue came into light when Delhi Vyapar Mahasangh a group of small and medium business owners filed a complaint against Amazon India and flipkart alleging them to be engaged in anti- competitive practices like preferred selling and deep discounts. These practices damage the retail market of the small businesses.
Indian Society for Legal Research 