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[By Rohan Kohli] The author is a 5th year student of NLIU Bhopal and the Co-convenor of CBCL. The Indian corporate story that took off in the 1991 liberalisation reforms to its success today has had a great part to thank the paradigm shift in the Indian regulatory behaviour. From the License-Raj era protectionist and red-tape bureaucracy to today’s times where the regulators actively engage in consultations with stakeholders, the…
[By Suvam Kumar & Harsha Menon ] The authors are Second and First-year students respectively, of NLU Jodhpur. Introduction: With the advent of globalization and boom in India’s economy, as ease of doing business has escalated to a great rank, it is very much imperative to have an efficient regime governing the corporate affairs. Keeping the abovementioned view in mind, the Companies Act, 2013 [“Act”] was enacted to ensure reliability…
[Pradyumna Yadav] The author is a 2nd year student of UPES, Dehradun. Introduction Sporting Regulatory Authorities or SRAs are established in India with a primary objective of controlling, promoting, regulating and selecting teams for their specific sports. Amongst all SRAs, the most prominent one is Board of Control for Cricket in India or BCCI, a society registered under Tamil Nadu Society Registration Act, 1975 and established for the…
[Jayesh Karnawat] The author is a 3rd year student of NLU, Jodhpur. Introduction The doctrine of piercing of corporate veil, whether forward or reverse, is an exception brought about to achieve the ends of justice and fairness. Corporates were given their status of separate entities to serve the ends of justice and not subvert them. However, the courts have time and again adopted the alter ego doctrine to…
[ Himanshu Shembekar ] The author is a 2nd year student of NLU, Odisha Introduction The Department of Industrial Promotion & Policy (DIPP) on 26thDecember, 2018 released a notification revising the policy on the Foreign Direct Investment in e-commerce. The new notification has shocked the big e-retailers like Amazon, Flipkart, etc. This notification has affected the way B2B business activities take place in the e-commerce industry. The new notification…
[ Rahul Kanoujia ] The author is a 2nd year student of GNLU, Gandhinagar. Introduction: The most important feature of Insolvency and Bankruptcy Code, 2016[i] (hereinafter referred to as “IBC”) is the time bound resolution process, which tries to make sure that the process of resolution and liquidation does not suffer the trauma of never ending litigation. Such time bound resolution has been made possible through the introduction of…
[By Rohan Kohli] This Blog is part of a series of posts as a collaboration titled “KAIZEN” between the Centre for Business and Commercial Laws (CBCL), NLIU Bhopal and Law School Policy Review (LSPR). To view this blog on LSPR, please click here. Rohan Kohli is the Co-Convenor of CBCL and a 5th Year B.A. LL.B. Student at NLIU, Bhopal. The corporate governance discourse in India today has moved rapidly, especially with…
[Medhashree Verma and Kavya Lalchandani] The authors are 3rd year students of National Law University Odisha, Cuttack. Introduction The long-standing dilemma regarding the constitutionality of the Insolvency and Bankruptcy Code, 2016 (IBC) has been finally settled by the Hon’ble Supreme Court of India. In Swiss Ribbons Pvt. Ltd. & Anr v. Union of India,[i]the court answered all the issues regarding the constitutionality of the IBC and stands as a…