By Aastha Agarwalla To revive the declining access of foreign funding for Indian companies, the Securities and Exchange Board of India [“SEBI”] has introduced a new framework for the issuance of Depository Receipts [“DR’] via its circular dated October 10, 2019 effective immediately, [“DR Framework“]. [1] The DR Framework is seen as a welcome step […]
Month: December 2019
By Sumedha Tewari Introduction On July 31, 2019, Rajya Sabha passed the The Muslim Women (Protection of Rights on Marriage) Bill, which was later on granted presidential assent on April 1, 2019. With the passage of this bill, giving divorce to a Muslim woman through talaq-e-biddat or instant triple talaq was criminalised, prescribing up to […]
By Ananya Singh The Citizenship (Amendment) Act, 2019 [“Amendment Act“], since its inception, has been embroiled in controversy for not only its content, but majorly for the political intention with which it was passed by the India Parliament. Nevertheless, a major debate is arousing, regarding its constitutional validity wherein the debate abides on the issue […]
By Dhiraj Yadav and Barkha Dwivedi It is a well settled principle that the liability of a Principal Debtor and a Guarantor is coextensive. The same is enshrined under section 128 of the Indian Contract Act, 1872. Despite this, the act of initiating simultaneous proceedings against Principal Debtor and Guarantor for the same amount of […]
By Gautami Govindarajan Jeff Bezos may be the richest man in modern history, but at whose cost? Amazon has risen to a position of market dominance, but behind the glittering deals and soaring profits is a history of abuse and exploitation of labour. Violations of Labour and Human Rights Amazon has been repeatedly found to […]
By Amogh Pareek Introduction There has been a constant and steep rise in the number of air-travellers over the years. In 2017, a staggering 4.1 billion passengers flew across the world (passengers meaning that if a person flew thrice, it was counted as 3 passengers).[1] In order to accommodate this overwhelmingly large number of travellers, […]
By Shantanu Saharan & Shreyas Santra Introduction The Insolvency and Bankruptcy Code (Amendment) Act, 2019[1] was passed by the House of People without much contention unlike the previous Bills approved by the parliament on Insolvency Law. The Insolvency and Bankruptcy Code, 2016 [“IBC”], over the years, has precipitated from the efforts of Late Mr. Arun […]
NUALS Law Journal 