April 17, 2020 RBI cuts Reverse repo; initiates TLTRO 2.0 [ by Legal Era News Network ] To mitigate any economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announced a set of new measures including a reduction in reverse repo rate. Accordingly, the rate now stands at
... Continue Reading.Month: April 2020
Copyright Amendment:- The fate of Broadcasting Statutory License in the hands of IPAB
April 17, 2020 Copyright Amendment:- The fate of Broadcasting Statutory License in the hands of IPAB – Sachin Kalra, Deputy General Counsel (Group) [ HT MEDIA LTD ] Now with the functioning of IPAB, it is highly likely that either the Broadcaster or the music labels will approach IPAB for invoking Section 31D of the
... Continue Reading.IndusLaw promotes Harman Walia, Mayukh Datta to partner amongst 25 total corp-focused promotions
Harman Walia (left) and Mayukh Datta get nod to Indus partnership Two new partners has been announced at IndusLaw, as well as seven new principal associates and 16 senior associates. The principal associates promoted to partner are: Harman Walia; Delhi; transactions; 2011 Delhi University CLC, and Mayukh Datta; Bangalore; transactions; 2012 SLS Pune. Seven new
... Continue Reading.Blueprint of a Fintech Regulatory Sandbox Law for India
[Shehnaz Ahmed is a Senior Resident Fellow and Krittika Chavaly a Project Fellow for Fintech, both at Vidhi Centre for Legal Policy, a New Delhi based independent think-tank. [This post was originally published on the Oxford Business Law Blog, and can be accessed here] As technological innovation disrupts the financial sector, regulators across the world
... Continue Reading.Covid-19 Lockout : RTI Act cannot be restricted to print media in Tamilnadu
On 09th April 2020, Based on the Writ Petition filed under Article 226 in Madras High Court, Bench comprising of Justice N. Kirubakaran and Justice R. Hemalatha held that “merely apprehensions that newspapers may carry the Corona virus cannot be the grounds for restricting the citizens ‘right to information” This Writ Petition filed by Ganesh
... Continue Reading.Legal Procedure to Change Name in India
To begin with the saying of Dale Carnegie,” Names are the sweetest and most important sound in any language.” Though many people don’t like their names. Thus, a person undergoes to change his/her name. People in India believe in Vaastu, numerology, and it’s common for women from many communities to change their first and last
... Continue Reading.Is rope the last resort?
This Essay is submitted by – Chirag Chanana, Practicing Lawyer at New Delhi. Abstract “State should not punish with vengeance”. Emperor Ashoka Not much has been debated on the issue of the method of execution of death sentence in India. Section 357(5) of Cr.P.C reads as “When any person is sentenced to death, the sentence
... Continue Reading.Why is Judicial Separation is better than Divorce?
Judicial separation is a tool devised below regulation to have enough money some time for introspection to both the parties to a troubled marriage. Law permits a possibility to both the husband and the wife to reflect on consideration on the continuance in their relationship while at the identical time directing them to stay separate,
... Continue Reading.Migration – An Overview of the Cause and the Solution Ahead
What Is Migration? Human civilization has been on the run since the very earliest times. Several people are moving in search of work or employment opportunities, to join or study with family. Some are fleeing to avoid war, persecution, extremism or abuses of human rights. In reaction to the adverse effects of climate change, natural
... Continue Reading.Case study: How legal tech helped 22 banks close an 1,100 crore resolution plan during the COVID-19 lockdown
There finally appeared to be light at the end of the tunnel. A rocky insolvency process seemed to be ending. The insolvency process for Chennai-based Orchid Chemicals and Pharmaceuticals has had so many unexpected twists that it could have been written by an alter ego of George RR Martin with a passion for insolvency law.
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