Companies Act 2013, IS IT ABSOLUTE
The Companies Act 2013 was passed, having superfluity of anticipation pro bringing in reformation in corporate legislation. Now the question is, has the modified act done justice to those anticipations? To give a short over view, The Companies Act, 2013 consists of 470 sections, 7 Schedules and 29 chapters. It is undoubtedly much apt and […]
Indian Agriculture in Crisis!
The last two years have seen consecutive droughts across the country. While last year’s monsoon rainfall was deficient by 12% compared to the long period average, this year’s deficit was a more alarming 14%. Growth of the agricultural sector in the GDP has been continuously decreasing as well, from a 3.7% in 2013-14 to 1.1% […]
Crowd Funding
The new found popularity of Crowd Funding or as per SEBI the way of solicitation of funds (small amount) from multiple investors through a web-based platform or social networking site for a specific project, business venture or social cause, is a result of current drive of startups and the after effect of the financial crisis. […]
No ban on your favourite two minute noodles!
The Apex Court has ruled in the favour of Maggi lovers and various packaged food items. Maggi which is a staple diet of the youngsters was banned as it was declared unfit for consumption. But soon after the ban, the Supreme Court questioned the procedure followed by the Food Security & Standards Authority of India […]
Revolutionary boost in India’s energy sector
Aiming to make a bright vision for India’s energy sector in line with the goal of nation building, Indian government policies have adopted a view towards development of renewable energy resource like solar power. The energy sector is the main pillar in accelerating India’s economic growth. India has taken a noteworthy step forward in implementing […]
How to fight your bank in a court of law
Nayana Buch, a Mumbai-based advocate, used an HSBC credit card to pay Rs.30,559 for car repair at a fuel station in 2009. The London-based bank added Rs.858.70 as fuel surcharge in the bill. Buch questioned this as the transaction was not for purchase of fuel. She, however, paid the bill and requested the bank to […]
e-JUSTICE
“Law and order exist for the purpose of establishing justice and when they fail in this purpose they become the dangerously structured dams that block the flow of social progress.”-Martin Luther King, Jr. As we know justice delayed is justice denied, Indian courts need to become more transparent and accountable in their working process. Many […]
From red tape to red carpet
The new government with its innovative reforms is trying its best to revive the economy. India has become a business friendly market for international investors, attracting new capital inflows. The Modi government through its various initiatives is implementing diverse ways to ease the business process in India. To boost the economy the government has taken […]
Not a boil of 2 minutes, Maggi in deep waters!
More than 10 states of India have imposed a ban on the sales of the Maggi brand of instant noodles, owned by Swiss multinational Nestle, after scare involving reports of higher than permissible levels of lead and monosodium glutamate. A nationwide recall of Maggi packets has been issued – the first of its kind – […]
Towards a positive IP mindset
“Today, progress comes from the perfect protection of intellectual property” -Lawrence Lessig The twenty-first century will be the century of knowledge, indeed the century of the intellect. A nation’s ability to translate knowledge into wealth and social good through innovations will determine its future. Intellectual property can be characterized as the property in ideas or […]