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Taxation

FROM TRUST TO TAX: WHY BUDGET 2026’S GOLD BOND FAILS THE PRINCIPLE OF PROMISSORY ESTOPPEL AND LEGITIMATE EXPECTATIONS

Shreshth Nigam and Ram Sundar Singh Akela I. INTRODUCTION By putting his trust and capital into a state-recognised instrument, a citizen does so upon the basis of a legal promise that the conditions under which he invested will be respected during its existence. This promise is what has been threatened by the recent announcement of […]

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Policy Technology

Commitments Without Architecture: Gaps In Supreme Court’s AI Regulations

Shourya Shekhar and Vibhuti Shyam Summary: This article contends that the Supreme Court’s Draft Regulations for Use of Artificial Intelligence in Courts, 2026 is a principled but architecturally incomplete first step. While the draft correctly prohibits the most constitutionally dangerous uses of AI, three structural gaps mean its core commitments lack the architecture to meet […]

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Uncategorized

Grasping The Nettle Without Checking: Vulnerabilities In India’s Summary Judgment Framework

Adithya Narayana Vojja and Ayushmaan Ashutosh Singh Abstract This article examines the structural vulnerabilities of the Supreme Court’s nine non-exhaustive guidelines for summary judgment laid down by the apex court. It argues that the guidelines produce an irreconcilable tension between evidentiary scrutiny and the prohibition on mini-trials, compounded by the absence of a documentary authentication […]

Categories
Taxation

Is TRC Still Conclusive? Rethinking Treaty Entitlements

Harshita Dhinwa and Ram Sundar Singh Akela Introduction The Tax Residency Certificate was never a complete answer to the question of treaty entitlement on a proper reading of a treaty text and international law. It functioned primarily as a proof of jurisdiction, but over time, institutional practice elevated it to a substantial safeguard, which was […]

Categories
Investment Law Securities

Partial Measures: How SEBI’s REIT & InvIT Reforms Fall Short of Global Standards

Nayonika Sharma and Morvi Sharma I. Introduction On February 5, SEBI released Consultation Paper titled “Measures Towards Ease of Doing Business for REITs and InvITs,” proposing four amendments to the SEBI (Infrastructure Investment Trusts) Regulations, 2014. The proposals are based on recommendations of the Hybrid Securities Advisory Committee [“HYSAC”].  This blog contends that, while the […]