[Announcement on behalf of the Centre for Insolvency and Bankruptcy Studies, National Law University Jodhpur] The Centre for Insolvency and Bankruptcy Studies, National Law University Jodhpur, is organising a Three-Day Online Certificate Course on ‘Evolving Paradigms of Insolvency and Bankruptcy Code, 2016’ in collaboration with the Insolvency and Bankruptcy Board of India from 25 February 2023...
The Regulatory Progression of ESG in India
The concept of corporate social responsibility (CSR) has had a pivotal status in the debates surrounding corporate law and governance at the turn of the century. Although CSR was ensconced in the idea of voluntarism by which companies and their boards are invited to pay attention to the interests of various constituencies affected by a company’s activities, in some jurisdictions such as India it...
Government AI Procurement in India: Can WEF Guidelines Solve the Latency?
[Jishnu M Nair is a Senior Attorney at IBM] With a score of 63.67, India is at the 32nd position in the Government AI readiness Index 2022, issued by Oxford Insights. The index symbolizes that India is more policy-ready than Brazil and Greece, and less policy-ready than China and Malaysia. Although 32 might not be a desirable rank, for a developing nation to be in the first 25% of the countries...
Schrems II: Data Flow to Trusted Jurisdictions and Implications for India
[Intisar Aslam is a 2nd Year B.A., LL.B. (Hons.) student at the National University of Study and Research in Law in Ranchi] The much-awaited Digital Personal Data Protection Bill, 2022 (“DPDP”), released by the Ministry of Electronics and Information Technology (“Meity”), has received mixed reactions from the legal fraternity. Previously, the Data Protection Bill, 2022 (“DPB”) was withdrawn owing...
SEBI’s Proposed Disclosure Regime: Impact on Public M&A and Directors’ Liabilities
[Shivam Yadav, Amudavalli Kannan, and Shreyas Bhushan are with Resolut Partners] Institutional investors, listed companies, and retail shareholders – three key market participants – will be watching SEBI with eagle-eyes while it attempts to implement a new disclosure regime, as set out in its recent consultation paper (Consultation Paper). Most of SEBI’s proposals are well-intentioned and...
Relaxation for Flip Structures under the New Overseas Investment Regime
[Shubh Gautam is a fourth year B.A.LL.B (Hons) student at Chanakya National Law University, Patna] Indian startups and new age companies are jumping on the bandwagon of ‘flipping’ their business. This trend has been addressed by the Foreign Exchange Management (Overseas Investment) Rules, 2022 issued on August 22, 2022 (forming a part of the new overseas investment regime). The new overseas...
Asset Reconstruction Companies as Resolution Applicants: Revisiting the SARFAESI’s Limitations
[Arshit Kapoor and Srilagna Dash are 5th year B.B.A. LL.B. (Hons.) and 3rd year B.A. LL.B. (Hons.) students, respectively at National Law University Odisha, Cuttack] Asset Reconstruction Companies (“ARCs”) are financial institutions which reconstruct and securitise bad assets of banks and financial institutions. They are regulated by the Securitisation and Reconstruction of Financial Assets and...
Call for Submissions: NLS Business Law Review Blog
[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 its blog. 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 and foster cutting-edge academic...
Call for Submissions: NLUD Journal of Legal Studies
[Announcement on behalf of the NLUD Journal of Legal Studies] The Journal of Legal Studies (JLS) is National Law University Delhi’s annual student edited, peer-reviewed law journal. It seeks to provide a forum for engaging in discussions on varied issues of contemporary importance in domestic and international law and policy. The last volume of the Journal was launched by the Honourable Chief...
Supreme Court’s Note Ban Judgement: Does it Matter?
In a judgement delivered on 2 January 2023, the Supreme Court upheld the constitutionality of the demonetization exercise undertaken by the Government of India in November 2016. The judgement was delivered by a five-judge constitution bench, with one judge dissenting on all the questions decided by the majority. The lapse of six years since the demonetization exercise led to questions regarding...
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