Corporate, Insolvency

Debt Recovery Tribunals In An IBC-Era: A Progressive Redundancy

The early years of the 21st century witnessed a devastating need for a special tribunal to adjudicate the perpetual customer-debt crisis faced by banks and other financial institutions including the massive default of business loans taken by private sector companies. The functioning of Debt Recovery Tribunals achieved a perpendicular success; the efficient quasi-judicial settlement did not stray too much from litigation but the burden on … Continue reading Debt Recovery Tribunals In An IBC-Era: A Progressive Redundancy

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Constitution, Public Policy

Critique on Legislative Supremacy and Aadhaar Legislation

Introduction “It is better to be unique than to be the best. Because, being the best makes you the number one, but being unique makes you the only one” [i] was quoted by the Supreme Court of India in while pronouncing the decision of the Aadhaar case by a five-judge Constitution bench headed by former Chief Justice of India, Dipak Misra.[ii] Aadhaar is a unique … Continue reading Critique on Legislative Supremacy and Aadhaar Legislation

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Corporate

Remedy for a Contract during COVID-19 : Force Majeure and Doctrine of Frustration – Brief

Apart from the devastating impact that COVID-19 continues to unleash on human beings and countries worldwide, its outreach has also reached commerce and business. COVID-19 has resulted in lockdowns or restricted movements in countries. Consequently, businesses have been impacted and so have operations and consequently contracts and obligations under contracts are being revisited to assess these impacts. The term that has assumed relevance in contractual … Continue reading Remedy for a Contract during COVID-19 : Force Majeure and Doctrine of Frustration – Brief

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Public Policy

State Domicile Reservation In NLUs- A Jurisprudential Analysis

Since the introduction of state domicile reservation in National Law Universities [Hereinafter ‘NLU’ or ‘NLUs’] such as NLIU Bhopal, GNLU Gandhinagar, NLUO Cuttack, it is on upsurge with currently ten NLUs having 50% and seven other NLUs having more than 20% reservation.[i]  Recently, NLU Delhi introduced a 50% reservation for the students of Delhi applicable from the year 2020.[ii]NALSAR Hyderabad and NUJS Kolkata, also, have … Continue reading State Domicile Reservation In NLUs- A Jurisprudential Analysis

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Dispute Resolution

BALCO TO MANKATSU IMPLEX: The changing narrative of Apex court

After the LPG policy as initiated by the government in 1991, there was a sudden rise in the Foreign Direct Investments (FDIs), which fuelled the development and establishment of various MNC’s in India and had a positive impact on the economy of the country. However, this sudden change also gave rise to the demand for faster and more efficient legal disposition system in India, resulting … Continue reading BALCO TO MANKATSU IMPLEX: The changing narrative of Apex court

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