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[By Yash Sameer Joshi] The author is a student at the National Law University, Jodhpur. I. Introduction The Insolvency and Bankruptcy Code, 2016 [“IBC”] has oft been described as a consolidating and amending Act enacted to ensure the viability of company assets in the case of corporate insolvency. The IBC provides for the initiation of the Corporate Insolvency Resolution Process [“CIRP”] in case of such insolvency, and the…
[By Tanvi Shetty] The author is a student at the O.P. Jindal Global University Despite the Centre allowing for 100% FDI (i.e., A foreign carrier can invest up to 49% in an Indian firm)[1] and easing of pre-requisites for a carrier to operate on international routes[2], the airline industry is often in a slump given its dependency on the fuel prices and labour-intensive operations. Most Indian carriers…
[By Unnati Sinha] The author is a student at the Narsee Monjee Institute of Management Studies (NMIMS). Introduction The Consolidated Foreign Direct Investment Policy (Hereinafter as “FDI Policy”) underwent a significant revision as of April 18, 2020, according to Press Note 3 of 2020 (Hereinafter as “PN 3”) published by the Department for Promotion of Industry and Internal Trade (Hereinafter as “DPIIT”). In the past year, there has been…
[By Nishant Kumar] The author is a student at the Hidayatullah National Law University, Chhattisgarh. Introduction: In the year 2016 Insolvency and Bankruptcy Code (Hereinafter referred to as IBC) was promulgated as the principal legislation to tackle the surging corporate debts and for the timely resolution of corporate insolvencies. The code replaced several legislations including the Industrial Companies Act 1985 with an aim to facilitate a more timebound…
[By Akshat Shukla and Tanvi Agrawal] The authors are students at the National Law Institute University, Bhopal. I. Funding Winter: Meaning and Overview Funding Winter is a phrase used to describe the phenomena of a downturn in the investor’s confidence in the start-ups leading to a more strategic and curtailed approach towards funding. It often leads to investors avoiding firms without a set path chalked out for profitability. This,…
[By Kartik Kalra] The author is a student at the National Law School of India University, Bangalore. The principle of inter-se priority has its roots in equity, having as its core purpose the prevention of the jeopardization of the first charge-holder’s security interests.[1] When multiple persons hold a security over the same indivisible unit of property who then also opt for its liquidation, the order in which the…
[By Ashutosh Chandra] The author is a student at the Jindal Global Law School. Introduction: Recently the Canadian Parliament introduced the Bill C-18. The law aims to bring about fairness in the Canadian digital news ecosystem and make sure that the system can support itself. This is done by regulating commercial interactions between digital intermediaries and news outlets. If the bill is implemented, digital intermediaries will be forced to pay…
[By Tanish Gupta and Shubham Gandhi] The authors are students at the National Law University, Jabalpur. In an intriguing case of Lifestyle Equities CV v Hornby Streets (MCR) Ltd., the English Court of Appeal, in addition to other issues, was called upon to decide the applicable law in determining the binding effect of the arbitration agreement on a non-signatory, arising out of a trademark assignment, viz. the law governing the arbitration…