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[By Devarsh Shah and Dharmvir Brahmbhatt] The authors are students at the Gujarat National Law University. Introduction SPAC Listings have witnessed a massive global revival in recent times. With around 250 listings, SPACs raised nearly $ 80 billion in the United States in 2020 and has been growing since. Not just in the United States, but in India too, SPAC listings have resurged. Recently an Indian company,…
[By Tavashya Kumar] The author is a student at National Law University, Delhi. Introduction WhatsApp, one of the largest online messaging services in India and across the world, recently updated its privacy policy for users across the world which introduced changes to the manner in which a user’s data is stored and utilised when interacting with a business account on WhatsApp. It also seeks to enhance Whatsapp’s integration…
[By Pranav Karwa and Gaurav Karwa] Pranav is a student at the National Law University, Jodhpur and Gaurav is a student at the West Bengal National University of Juridical Sciences. Pre-pack insolvency process involves an arrangement between the debtor and the creditor to negotiate the sale of assets before initiating the insolvency proceedings via the court or any other appropriate forum so as to enable resolution and…
[By Abhinav Gupta] The author is a student at the National Law University, Jodhpur. Introduction While discussing his book, 21 lessons for the 21st Century, Yuval Noah Harari points out that humans face existential crisis due to technological disruption. In his other book, Homo Deus: A brief history of tomorrow, he highlights the good and bad of artificial intelligence (AI). He believes that AI holds the potential to…
[By Pallavi Mishra] The author is a student at the Hidayatullah National Law University. In recent years, the concept of Employees’ Benefit Schemes in the form of Stock Options has gained popularity for paying compensation to the employees, while also giving them incentives to contribute towards the betterment of the company. The history of discussion on employment schemes in India dates back to 1997, wherein the JR…
[By Jatin Lalwani] The author is a student at the National Law School of India University. The last month once again saw the rejuvenation of the debate around a breakaway football league with the announcement of the European Super League. However, the time bomb was diffused within 72 hours amidst widespread criticism and threats of bans despite Florentino Perez stating that they have a strong legal case.…
[By Kunal Singh] The author is a student at Vivekananda Institute of Professional Studies, GGSIPU. Overview Last year Apple announced to cut down the commission rates charged from developers, with less than $1 million revenue, from 30% to 15% on in-app purchases. Following the footsteps of Apple, Google recently announced that it would drop the rate of commission charged on in-app purchases from 30% to 15% for developers…
[By Nishita Agrawal and Arth Singhal] The authors are students at the National Law University Odisha. The Companies Act, 2013 [“the Act”] lays down special provisions with respect to prevention of oppression and mismanagement in order to safeguard the interests of the investors, the minority shareholders, and especially the interests of the public under Sections 241 and 242. In September 2018, the Central Government had filed an…