Categories
Technology

You Facilitate We Penalize: How Intermediary Liability Works

By Prakhar Raghuvanshi The Internet is a unique medium of expression and deserves a different standard of protection than other media. Any organization which facilitates transactions between third party over the internet is an internet intermediary.1 It primarily gives access to the host and transmits the content originated from third parties. It does not create […]

Categories
Insolvency

Placing Homebuyers Under the Category of Secured Financial Creditors Under The IBC, 2016

By Ranu Tiwari The Background The Insolvency and Bankruptcy Code (Amendment) Ordinance 2018 has brought home buyers under the ambit of ‘financial creditors’. The Insolvency Law Committee (March 2018) concluded that the current definition of ‘financial debt’ is sufficient to include the amounts raised from home buyers/allottees under a real estate project, and hence, they […]

Categories
Insolvency

Essar Steel Judgement: As promising as it Seems?

By Tanvi Prabhu and Saumya Agarwal In Committee of Creditors of Essar Steel India Limited v. Satish Kumar Gupta &Ors, the Supreme Court on 15th November, 2019 dismissed the NCLAT order and upheld the approved Resolution Plan of ArcelorMittal in a joint venture with Japan’s Nippon Steel. It includes a payment of Rs. 42,000 cr. […]

Categories
Technology

Legal and Regulatory Clarity for Online Aggregators: A Current Necessity

By Falguni Gupta Introduction The E-commerce sector has become a favorite of both sellers and consumers in a short span of time. Recently, the Department of Industrial Policy and Promotion introduced certain changes in the FDI Policy permitting 100% FDI under the automatic route, making it applicable to the e-commerce entities[1]. An aggregator model of […]

Categories
Environment International Law

Uluru And Tribal Apathy: The Law of Nations Not Yet Civilized

By Sameer Gupta and Sankalp Udgata The saga of a Global Indigeneity Heist pioneered over a 9.4km rock. About The mystical Uluru Uluru (Ayres Rock) is a UNESCO World Heritage site in Australia and is a living cultural landscape which is considered sacred to the aboriginal Anangu Yankunytjatjara and Pitjantjatjara people. The monolith has been […]