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OPINION

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

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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Highlights Of The Arbitration & Conciliation (Amendment) Bill, 2018

The stride to make India a hub for International Commercial Arbitration and to make Arbitration a preferred mode for dispute resolution, led to the first amendment in the Arbitration and Conciliation Act, 1996 (“Act”) on 23.10.15. The amendments made in the Arbitration and Conciliation (“Amendment”) Act, 2015 (“Amendment Act, 2015”) …

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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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IP Audit & Its Importance In Effective Management Of IPR

Intellectual property (“IP”)  assets can be defined as “Things of value that are not tangible but can be measured and managed and to which a value may be attached“. On the other hand, IP auditing can be defined as a systematic review of collated IP: owned, acquired, utilized or needed by …

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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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Is Section 34(5) Of The Arbitration Act Mandatory Or Directory: Supreme Court Interpretation

BACKGROUND This instant appeal arose out of an arbitral award passed on 06.01.2016. The award debtor in the instant case, (“Appellant”) challenged the said award by filing an application under Section 34 of the Arbitration and Conciliation Act, 2015 (“Act”) before Patna High Court. The Court issued a notice to …

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Explained: Recent Spat Between RBI and The Government of India

The Reserve Bank of India, known for its restraint, has now tuned combative, showcasing its resentment against the government. At least two speeches recently made by the top RBI officials underscore the extent of the friction between the Central Bank and the Central Government. In a speech delivered on Friday, …

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