Categories
Banking

Streamlining Export Governance: A Critical Analysis of the Draft FEMA Regulations and Directions

Aditya Thomas & Jayati Bhatia The very definition of “export” under the Foreign Exchange Management (Export of Goods & Services) Regulations 2015 (“Current Regulations”) has historically excluded services, limiting its scope to goods and software. This restrictive approach has led to conflicting interpretations, particularly when juxtaposed with the broader definition under the Foreign Exchange Management […]

Categories
International Law

Was Shooting the Chinese Air Balloon a ‘military objective’?

Siddharth Chaturvedi Introduction The shooting of a Chinese air balloon over the USA’s airspace has generated a lot of analysis from US experts and Chinese experience. There are indeed lots of plausible reasons which may have led to shooting the Chinese Air Balloon. However, the purpose of this piece is restricted to analyzing whether the […]

Categories
Investment Law

Beneficial Owners, Borders and Bottlenecks: Evaluating India’s FDI Policy under Press Note 3

Ananya Ahajoy & Param Kailash Introduction & Background The 2024 Economic Survey proposes that higher inflows of Foreign Direct Investments (FDI) from China through the ‘China plus one strategy’ could be advantageous to India. The strategy calls for the diversification of supply chains beyond China, thereby improving investment onto other low-cost nations such as India, […]

Categories
Criminal

A Fresh Look at Alimony: Navigating the New Age Inequalities

Meemansha Choudhary Introduction The rapid advancement of technology and societal evolution often leaves the law struggling to keep pace. While this lag is understandable, given the gravity of legal decisions and their implications on society at large. However, it becomes imperative to question the relevance and manner of implementation of certain concepts in the modern […]

Categories
Uncategorized

Redefining Compliance: SEBI’s Proposed Corporate Governance Framework For HVDLEs under LODR

Rishabh Raj Introduction Corporate governance in India has inherently been devised with equity-listed companies in mind. However, changes brought through debt instruments as a primary funding source have highlighted the urgent need for regulatory frameworks catering exclusively to high-value debt- listed entities (HVDLEs). The Securities and Exchange Board of India (SEBI), which has taken notice […]

Categories
Criminal

Conceptualising a Brady Requirement: The Need of the Hour

Shaurya Mahajan The Indian criminal legal framework has recently been overhauled, from the centuries-old Indian Penal Code (IPC) and Criminal Procedure Code (CrPC) to the new Bhartiya Nyaya Sanhita (BNS) and Bhartiya Nagarik Suraksha Sanhita (BNSS). This shift is an effort by the Parliament to decolonise the criminal law framework and make it more citizens’ […]

Categories
Constitutional Law

The Dangerous Precedent Set by Uttar Pradesh’s Digital Media Policy

Puneet Srivastava & Kushagra Tiwari The new Digital Media Policy 2024 (“The Policy”), declared by the Government of Uttar Pradesh on August 28, 2024, marked a serious change in the state government’s policy of digital dissemination of information and regulation of content. Under the apparent objective of facilitating the work of the government in reaching […]