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[By Shaurya Jha] The author is a student of Hidayatullah National Law University, Raipur. Introduction With the Indian Space Industry’s expected target to reach $40 billion by 2040, funding roadblocks stand as the major hurdle. Conventional financial mechanisms are misaligned with the commercial requirements of space ventures. Bank loans require collateral and predictable income, constraining early-stage space startups. Venture capital, on the other hand, demands short-term to...
[By Upanshu Shetty] The author is a student of Dr. Ram Manohar Lohiya National Law University, Lucknow. Introduction The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), was enacted to empower financial institutions with a framework to recover non-performing assets without resorting to time-consuming litigation. A key feature of the SARFAESI Act is Section 17, which grants borrowers the right...
[By Lovish J Goyal] The author is a student of NALSAR University of Law, Hyderabad. Introduction Electricity Regulatory Commission(s) (‘ERC’) are instrumental in shaping India’s electricity sector. They are established under various statutes to regulate the electricity sector in their jurisdictions. These statutory bodies are responsible for granting licenses and determining tariffs to ensure an uninterrupted and reliable electricity supply. ERC are also vested with quasi-judicial powers,...
[By Khushbu Mathuria] The author is a student of Rajiv Gandhi National University of Law, Patiala. Introduction With the incoming of the Trump administration, the US has withdrawn from the Global Tax Deal via a presidential memorandum issued on January 20, 2025. The memorandum states that the Global Tax deal (“The Deal”) signed in 2021 under the Biden administration has no force or effect in the US....
[By Sakshi Tiwari & Liesha Mishra] The authors are students of Dr. Ram Manohar Lohiya National Law University, Lucknow. Introduction The Competition Commission of India has initiated an investigation into Google over alleged anti-competitive practices in India’s burgeoning gaming sector stemming from complaints over its monopolistic behaviour. The investigation stems from the complaint filed by the real money gaming app WinZO, which alleges that Google is abusing...
[By Runit Rathore & Amal Shukla] The authors are students of Hidayatullah National Law University, Raipur. INTRODUCTION “Rule 86A of the Central Goods and Services Tax Rules (CGST Rules), 2017 is not a machinery provision for recovery of tax or dues under the Central Goods and Services Tax Act” (CGST Act). Rule 86A of the CGST Rules grants the Commissioner or any other officer authorized by him,...
[By Anushka Ajay] The author is a student of National Law Institute University, Bhopal. INTRODUCTION Competition law has increasingly addressed healthy competition in sports, where various organizations train athletes and regulate sports. The recent Competition Commission of India (hereinafter ‘CCI’) order in In Re: TT Friendly Super League Association v. Table Tennis Federation of India (TTFI) reflects a growing trend of sports federations engaging in monopolistic and...
[By Bhuwan Sarine] The author is a student of National Law School of India University, Bengaluru. Introduction On 30 April 2024, the Securities and Exchange Board of India (“SEBI”) held the Independent Directors (“IDs”) of Manpasand Beverages Ltd. (“MBL”) liable for not performing their duties diligently. To provide a brief background, independent directors of a company are directors other than the managing or whole-time directors. They are...