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[By Mreganka Kukreja] The author is a final year student of Symbiosis Law Schoole, Pune and can be reached at [email protected]. Introduction The seemingly unending saga of the seat versus venue debate seems to have taken an interesting turn in light of the Supreme Court’s recent decision in the case of Brahmani River Pellets Limited v. Kamachi Industries Limited. [i] In this judgment, the Division Bench revisited the applicability…
[By Ankur Gupta] The author is a law lecturer with Temasek Business School at Temasek Polytechnic in Singapore. Besides facilitating learning and conducting research in various areas of law, he has a keen interest in monitoring how the business of law may change bringing with it changing expectations of employers on Skills of lawyers and other professionals working in the legal services sector. He can be reached at…
[By Ravleen Chhabra] The author is a final year student of Institute of Law, Nirma University and can be reached at [email protected]. Introduction The Insolvency and Bankruptcy Code (“IBC” or “the Code”) has been probably one of the greatest developments in the Indian Legal System in a bid to reform India’s irresistible Non-Performing Assets conundrum. The Insolvency and Bankruptcy Board of India (“IBBI”), is the body that regulates the…
[By Rashmi Birmole and Sahaja Burde] The authors are third year students of ILS Law College, Pune and can be reached at [email protected]. Introduction In what appears to be a complete overhaul of the Indian merger approval process, the Competition Commission of India (“CCI“) recently introduced a deemed approval mechanism called the “Green Channel” by way of its 7th set of amendments (Amendment Regulations 2019) [i] to the Competition Commission…
[By Shantanu Lakhotia] The author is a student of Jindal Global Law School, Delhi and can be reached at [email protected]. Introduction Defunct airlines, Jet Airways has a gross debt and liability that adds up to more than Rs. 36,000 crores. This includes money owed to both domestic as well as foreign lenders, employees, vendors etc. However, currently, the major issue that is critically being debated in the National…
[By Shreya Jha] The author is a fourth year student of Amity Law School, Delhi and can be reached at [email protected]. Introduction In general parlance, the concept of “algorithm” refers to the set of rules which should be followed in order to carry out a certain task. They can be represented in the form of plain language, diagram, codes, programmes, etc. The advent of the digital economy has…
[By Kartik Adlakha] The author is a fourth year student of Jindal Global Law School and can be reached at [email protected]. Introduction The Insolvency and Bankruptcy Code, 2016 (“IBC” or “the Code”) is divided into three distinct parts. While Part I titled ‘Preliminary’ and Part II titled ‘Insolvency Resolution and Liquidation for Corporate Persons’ have been in effect for long. However, Part III titled ‘Insolvency Resolution and Bankruptcy…
[By Jayesh Karnawat] The author is a fourth year student of National Law University, Jodhpur and can be reached at [email protected]. Introduction Prime Minister Narendra Modi in his speech on the 73rd Independence Day of India asserted that wealth creators of the nation must be respected. He further said that these wealth creators must not be eyed with suspicion as they play a pivotal role in building that…