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OPINION

LAW CHRONICLES COVERS LEGAL ARTICLES, CURRENT LEGAL TOPICS, AND LEGAL NEWS

Companies (Amendment) Ordinance, 2019: An Overview

The Companies (Amendment) Ordinance, 2019 was promulgated to replace the Companies (Amendment) Ordinance, 2018 which brought about amendments to 31 provisions of the Act. The need for re-promulgation of an ordinance arose due to the fact that the Companies Amendment Bill, 2019 which was to replace the 2018 Ordinance was …

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Financing Of International Trade: Need, Method & Practical Implications

International Trade in today’s world has become extremely intrinsic, and has led to rise in the living standards, generating more employment and has also brought in a market wherein the consumers have the option to choose from a vast variety of goods. The fact of International Trade taking place is …

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NRI Investment (Part One): Investment In Mutual Funds

If a person spends more than 182 days living outside India, their status changes to that of a non-residential Indian or NRI. If such individuals wish to invest in Mutual Funds (MF) in India, they first need to convert their savings/salary account to non-resident ordinary or NRO account. This step …

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NRI Investment (Part Two): Investment In Stock Market, shares, bonds and IPOs

NRIs are allowed to purchase shares or convertible debenture of an Indian Company through stock exchanges, under the portfolio investment scheme (PIS) of the Reserve Bank of India (RBI)  on repatriation and /or non-repatriation basis. As per the RBI guidelines, NRIs looking to invest in shares of Indian companies are …

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Academic Pursuit V/S The Issue Of Political Correctness

“If a country is to be corruption free and become a nation of beautiful minds, I strongly feel there are three key societal members who can make a difference. They are the father, the mother and the teacher.” – Dr. A.P.J. Abdul Kalam In the life of a student, living in …

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Critical Analysis of the Motor Vehicle Amendment Bill, 2017

Critical Analysis of the Motor Vehicle Amendment Bill, 2017 The Motor Vehicle Amendment Bill, 2017 which was passed by the Loksabha on April 10, 2017, has been stalled in the Rajyasabha for over a year despite road safety activists pushing for urgent passage of the same. The Bill is likely …

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An Introduction To Trade Remedies: Their Need & Working

The World Trade Organisation Members aspire for free trade, however, free trade does not always imply fair trade. Although, as a result of liberalization, there has been the advent of many players in the International market which has increased scope for freer competition, yet, as they say, all that glitters …

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Critical Analysis Of The Judgment Of The Madras High Court In Fermat Education v. Sorting Hat Technologies P. Ltd. [CS(OS) 330 of 2018]

With the budding number of online intermediaries in India, the responsibility of such online platforms, in terms of content uploaded by third parties and its legal implications have been widely discussed. In 2008, Section 79 of the IT Act was amended to provide extensive protection to online intermediaries from third …

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National Pharmaceutical Pricing Authority: Analysis and Suggestions

To bring about a greater degree of transparency and objectivity to the pharmaceutical industry, the Government of India in 1997 constituted an advisory body – National Pharmaceutical Pricing Authority (NPPA), entrusted with the power to fix prices of bulk drugs and formulations. Most people in India buy healthcare from the …

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Serious Fraud Investigation Office (SFIO): Analysis & Suggestions

The Indian Government set up a committee on corporate governance under the chairmanship of Naresh Chandra, former Cabinet secretary. Based on the recommendations of the committee, the Central Government issued a resolution on 2 July 2003 constituting the Serious Fraud Investigation Office (“SFIO”), which works under the MCA. SFIO was …

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