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[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...
[By Vinay Sachdev] The author is a student at the Unitedworld School of Law, Karnavati University. Background In the Corporate Insolvency Resolution Process (“CIRP”) initiated under the Insolvency & Bankruptcy Code 2016, the claim is the most important factor to be taken in the Resolution Plan for the Corporate Debtor. The provisions of the Code strive to protect the interest of creditors of a company that is under CIRP while completing...
[By Shalin Ghosh] The author is a student at the Maharashtra National Law University (MNLU), Mumbai. Introduction The Insolvency and Bankruptcy Code, 2016 (“IBC”) has been a watershed reform for the Indian economy, being one of the most comprehensive laws governing insolvency and credit recovery matters in the country. The interplay between tax law and IBC has increasingly been gaining traction, throwing up questions that have a great bearing on...
[By Yagn Purohit and Vishesh Gupta] The authors are students at the Institute of Law, Nirma University. Introduction In India, the directors are bound to call and convene an EGM on requisition made by shareholders under section 100 of the Companies Act, 2013 (hereinafter CA, 2013) if such requisition is compliant with procedural requirements u/s 100. However, Zee v. Invesco saga has reignited the debate on corporate democracy and has disturbed...
[By Sahana R] The author is a student at the School of Law, Christ University, Bangalore. Introduction The process of providing loans on an online platform is termed to be digital lending. The distinction between digital lending and traditional lending methods would be using digital technologies regarding loan approval, repayment, and service. According to a study, there has been a significant rise in the number of apps in the Indian...