It has to be stated before stating anything else which cannot be just glossed over that none other than the Delhi High Court has itself in a learned, laudable, landmark and latest judgment titled PD Gupta vs Govt of NCT of Delhi & Anr. in W.P.(C) 10405/2021 & CM APPL. 43001/2021 (directions) that
... Continue Reading.Month: January 2022
What is Digilocker? How can one enable it?
An article by Lavanya Goinka and Siddharth Sharma Everything has gone digital in current times, including meetings, lectures, movies, and activities. The impact of the digital trend can be seen all about us, especially during the COVID era, when the majority of work was done online. Under the Digital India Cooperation (DIC), the Ministry of
... Continue Reading.Casual Reference Of Family Members Of Husband In FIR Not Enough To Prosecute: SC
While overturning the Allahabad High Court’s judgment, the Supreme Court in a recent, refreshing, robust and rational judgment titled Mirza Iqbal @ Golu & Anr. vs State of Uttar Pradesh & Anr. in Criminal Appeal No. 1628 of 2021 in exercise of its criminal appellate jurisdiction delivered just
... Continue Reading.Shardul Amarchand Mangaldas advises companies on rights issue
Shardul Amarchand Mangaldas advises companies on rights issue The Bharti Airtel Limited deal is valued at US$ 2.83 billion Shardul Amarchand Mangaldas & Co. has advised numerous companies in connection with the rights issue by Bharti Airtel Limited. The deal is valued at US$ 2.83 billion. This is the fourth largest rights issue that was
... Continue Reading.Supreme Court rules on Arbitration and Conciliation Act
Supreme Court rules on Arbitration and Conciliation Act Not always obligatory to remit matter to arbitration tribunal if a party files an application under the Act The Supreme Court has observed that merely because an application is filed under the Arbitration and Conciliation Act, it is not always obligatory on the part of the court
... Continue Reading.Morgan Stanley agrees to pay $60 million for litigation
Morgan Stanley agrees to pay $60 million for litigation The American multinational investment bank and financial services company settles data breach lawsuit Morgan Stanley has agreed to pay $60 million as a preliminary settlement of a class-action lawsuit. The lawsuit was brought against it for allegedly failing to secure customers’ personal data before retiring old
... Continue Reading.SEBI’s Takeover Amendment: Hit-and-Miss on Delisting
[Aryan Puri is a 4th-year BBA., LL.B. (Hons.) student at MIT-World Peace University, Faculty of Law, Pune, and Priya Maharishi is a 5th-year B.A., LL.B. (Hons.) student at Jindal Global Law School, Sonipat] On December 6, 2021, the Securities and Exchange Board of India (“SEBI”) amended the SEBI (Substantial Acquisition of Shares and Takeover) Regulation,
... Continue Reading.Understanding role of insolvency professional agencies
-An article by Lavanya Goinka and Siddharth Sharma The legislation of insolvency and bankruptcy in India was consolidated in 2016. Prior to this, there were issues with dealing with bankruptcy and bad debts. This adjustment was necessary due to the high frequency of personal and corporate insolvency proceedings in India, as well as the long
... Continue Reading.Define Void Contract.
Last Updated on 9 mins by Admin LB Question: Define Void Contract. [MPJS 2003, Gujarat JS 2020] Find the answer to the mains question only on Legal Bites. [Define Void Contract.] Answer Section 2, clause (g) of the Indian Contract Act defines the Void Agreement. It states that, “An agreement not enforceable by law is
... Continue Reading.Difference Between Decree And Order
Table of Contents hide Introduction The transgression of the law that does not constitute a crime is a civil offence. The Code of Civil Procedure, 1908 is the one collective uniform law that prescribes the procedures to be followed in Indian civil courts and sets out the rules and standards parties must follow, hence called
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