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[By Gurman Narula & Sharad Khemka] The authors are students of National Law Institute University, Bhopal. Introduction Section 53B of the Competition Act states that any enterprise, government or “any person aggrieved” can file an appeal challenging the order of the Competition Commission of India. The term “Person aggrieved” is not defined anywhere in the whole act, the courts and tribunals have tried to delineate the definition...
[By Isha Janwa] The author is a student of O.P. Jindal Global University, Sonipat. INTRODUCTION: In today’s interconnected world, the ‘digital economy’ has emerged as a powerhouse, the rise of which can be attributed to advancements in information and communication technology (ICT). Multinational Enterprises (MNEs) now conduct cross-border business seamlessly, without the need for physical presence in foreign territories. This paradigm shift allows digital corporations to establish...
[By Karan Anand] The author is a student of OP Jindal University. Introduction The recent announcement by ArcelorMittal Nippon Steel (AMNS) India regarding itsambitious expansion plans at the Hazira steel plant presents a compelling juncture to explore the strategic dynamics within India’s steel industry.[1] In a landscape characterized by heightened industrial growth and governmental emphasis on self-reliance, the trajectory of investments in steel production assumes paramount significance....
[By Dewansh Raj] The author is a student of National Law University, Odisha. Introduction The evolving landscape of cryptocurrency has left India’s legal landscape behind and places it at a critical juncture. Despite global advancements, India’s stance remains uncertain. With millions of Indians involved, regulatory clarities is crucial. The 2022 crypto crash and subsequent resurgence highlight the urgency for a structured approach. As debates on regulatory oversight...
[By Anubhav Patidar & Sarthika Singhal] The authors are students of Narsee Monjee Insititute of Management Studies. INTRODUCTION The Indian financial market has witnessed tremendous growth anchored on the principles of transparency and ease of doing business promoted by the Government of India. Historical inefficiencies in the physical aspect of the trading system of the securities market have come to light. Securities and Exchange Board of India...
[By Rangin Halder] The author is a student of West Bengal National University of Juridical Sciences. INTRODUCTION One of the fundamental principles governing labour jurisprudence has been that of social justice, which aims at creating a fair and equitable working environment for workers in the country. In this regard, the Labour Courts and Industrial Tribunals have been given the discretion to use principles of “justice, equity and...
[By Vishesh Bhardwaj] The author is a student of National Law University Odisha. INTRODUCTION To generate wealth, provide liquidity to investors and raise capital, companies need access to global capital markets. Earlier, Indian firms had been able to raise equity capital from foreign investors either through listing in local stock exchanges or via international listing through depository receipts like American Depository Receipts (“ADR”) and Global Depository Receipts...
[By Karthika S. Babu] The author is a student of Gujarat National Law University. Introduction The Reserve Bank of India (“RBI”) has recently released the Reserve Bank of India (Bharat Bill Payment System) Directions, 2024, the Master Direction for the regulation of Bharat Bill Payment System (“BBPS”). The Directions are set to supersede RBI’s earlier Implementation of Bharat Bill Payment System (BBPS) – Guidelines in an attempt...