AuthorGuest

Double Materiality in Indian ESG Disclosures

[Aanchal Kabra is a 5th year B.A. LLB (Hons.) student at the West Bengal National University of Juridical Sciences, Kolkata] The concept of ‘materiality’ in financial disclosures was first introduced in the United States Securities Act of 1993. Thereafter, the United States Securities and Exchange Commission (‘SEC’) has maintained a consistent understanding of what information constitutes...

Delineating Relevant Market for Multisided Platforms: Transaction vs Non-Transaction Platforms

[Harshit Upadhyay and Sanigdh Budhia are third-year B.A. LL.B. (Hons.) students at Gujarat National Law University, Gandhinagar] The underlying idea of a majority of platforms in the digital market has been to connect two or more completely different sets of users with differing motivations together, where the platform only acts as an intermediary between them. For instance, Ola and Uber connect...

Call for Submissions: NLS Business Law Review

[Announcement on behalf of the NLS Business Law Review] The Editorial Board of the NLS Business Law Review (NLSBLR) for 2022-23 is inviting original and unpublished submissions for the upcoming print Volume 9(1) of the Journal. About NLSBLR The NLSBLR is a student-run journal at the National Law School of India University (NLSIU), Bengaluru, India’s premier law school. Our goal is to recognise...

Secondment Taxation and the Northern Operating Systems Case

[Sumanth Sudharshan is a fourth-year B.B.A.,LL.B. student at Jindal Global Law School, Sonepat] Secondments are employment arrangements where an organization sends its employees to another organization to work for them. With more businesses operating globally, secondments allow companies to hire from associated entities for specialized skills or specific technical requirements. Secondments are...

Supreme Court Invokes Article 142 to Permit Withdrawal of CIRP

[Raghav Bhatia is an Advocate, currently practising at the Supreme Court of India & the Delhi High Court. He can be contacted at [email protected]] Recently, the Supreme Court of India (“Supreme Court”) in Amit Katyal v. Meera Ahuja permitted the parties to settle the matter and withdraw the CIRP proceedings by invoking article 142 of the Constitution of India (“Constitution”). The...

GNLU Student Law Review – Call for Papers: Volume IV

[Announcement on behalf of the GNLU Student Law Review] The GNLU Student Law Review (GNLUSLR) is the flagship student journal of the Gujarat National Law University, Gandhinagar. The Review is an annually published, student-edited, double blind peer-reviewed, online, open-access Law Review. Volume III of the Law Review can be viewed here. GNLUSLR is hereby calling for papers for its Volume IV...

An Analysis of SEBI’s Regulatory Framework for Bond Trading Platform

[Ganesh BL and Shubhalakshmi Bhattacharya are Associates at a law firm in Mumbai] On 21 July, 2022, the Securities and Exchange Board of India (“SEBI”) issued a consultation paper (“Consultation Paper”) proposing a regulatory framework to govern online bond trading platforms (“Bond Platforms”). This comes at a time when India has witnessed a transformation in the number of retail investors...

Supreme Court Holds Tax Authorities to be Secured Creditors: Quandary Revived

[Sikha Bansal is a Partner and Neha Sinha an Executive at Vinod Kothari & Company. They can be reached at [email protected]] Earlier this week, in State Tax Officer v. Rainbow Papers Limited (6 September 2022), the Supreme Court (‘SC’) dealt with the question whether the provisions of Insolvency and Bankruptcy Code, 2016 (‘IBC’), especially section 53, overrides section 48 of the...

Supreme Court on Debentureholders’ Rights under Intercreditor Agreements

[Sikha Bansal is a Partner at Vinod Kothari & Company and can be reached at [email protected]] A well-developed corporate bond market not only provides cost-effective funds to the issuer, but it also enables lenders such as banks and other financial institutions to streamline their asset-liability mismatches. As such, there have been considerable efforts to facilitate the development...

SSB Retail India: Analyzing the Need to Safeguard the Scheme of the IBC

[Prakriti is a third-year student at the Hidayatullah National Law University] The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) was an active step by the legislature to provide a consolidated law for reorganization and insolvency resolution in India. It was an attempt to scrap the earlier existing defaulters’ paradise in India. The IBC has successfully pushed India upwards in the...

Top Posts & Pages

Topics

Recent Comments

Archives

web analytics

Social Media