[Rongeet Poddar is a 5th Year student at West Bengal National University of Juridical Sciences] The Securities and Exchange Board of India (“SEBI”) on 22 April 2020 issued a consultation paper for easing pricing norms for preferential issues in companies having stressed assets. It aims to provide objective criteria for classifying a company as ‘stressed’.
... Continue Reading.Month: April 2020
Surviving the Shadow Pandemic- A Checkmate In True Sense
“There’s a whole world beyond one’s self interest. Be a harbinger of justice for those who yearn for it. Be aware of the apathy of feudal society and class biases to courts. Your profession is an opportunity to restore the dignity of citizens who feel vulnerable and oppressed.” These lines as said by Ms. Sheela
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Can A Muslim Lawyer Wear Hijab in Court?
There are many cases that filed in the courts regarding hijab, However, several years ago the news regarding the plea filed by the students who want to wear the hijab which was happened in while attending lectures in Homeopathy College in Thane. For that, she takes the assistance of court for wearing this traditional Muslim
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Plea in SC against PSEs for opening offices during lockdown
April 28, 2020 Plea in SC against PSEs for opening offices during lockdown [ by Legal Era News Network ] A PIL has been moved in the Supreme Court against the ‘illegal opening’ of offices during the nationwide lockdown by Public Sector Enterprises (PSEs) such as SAIL and NBCC etc by ‘wrongly identifying and equating
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Khaitan seniors get 20% haircut on pay to build war chest, ‘ensure no salary cut’ below partner level [UPDATE-1]
Khaitan & Co equity partners and executive directors have taken a 20% cut on their take-home pay, reported Bar & Bench today, but without any adjustments of more junior staff or lawyers’ salaries. We have reached out to Khaitan for comment. Update 17:03: Executive director HR, Amar Sinhji commented: “This is a consensus decision by
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Is Hacking Private Wi-Fi A Crime in India?
INTRODUCTION: Due to the advancement of technology and digitisation of economic activities, there is a spurt in number of cyber-crimes that take place such as hacking. Unprotected or unsecured networks can be hacked to access data, media files etc. that qualifies as criminal trespass under Sec 441 of the IPC and can also be an
... Continue Reading.The Dramatic Return of Virtual Currencies to India
[Meenal Maheshwari Shah is the lead transactional counsel of the Essar Group. The post was first published on In-House Community] A virtual currency (VC) is type of digital currency which is a representation of value, issued by private developers and denominated in their own unit of account. The concept of VC covers a wider array
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Whether an Incorrect Statement in Vakalatnama Amounts to Forgery in India?
To know whether an incorrect statement in Vakalatnama amount to forgery in India or not, let us get familiar with the term “Vakalatnama”. “Vakalatnama” has been defined in Advocates Welfare Fund Act 2001 in section 2(u) as, “Vakalatnama” is a memorandum for appearing or any other document which empowers an advocate to appear or plead
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Ban on Cow Slaughter
This Essay is submitted by – Bodhisattwa Majumder, 5 year B.A.LL.B. of Maharashtra National Law University Mumbai The ban on cow slaughter emphasises a restriction on the sale of cattle in animal markets for slaughter. This has given rise to several contentions regarding the constitutional validity of the law. This paper analyses the magnitude of
... Continue Reading.Banking on Force Majeure: Honouring Bank Guarantees in Times of a Pandemic
[Abhilash Agrawal is a legal officer at a private bank. In this post, he writes about the conflicting opinions given by the Bombay and Delhi High Courts on whether banks can be restrained from honouring bank guarantees and letters of credit by citing Covid-19 and subsequent disruptions caused due to it as force majeure. While
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