Articles

July 14, 2021

MARKET FOR EMOTIONS

Neoclassical argument for economic rationality says that an individual is rational in their decision making that maximizes their utility and minimizes the cost with the given resources and time constraint. However, individuals usually make choices in the realm of market that are not in their best interest. The free market system makes individuals prone to…

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WOMEN EMPOWERMENT

Women empowerment is one of the most critical and essential things that everyone should support. It is when women are given the most power and rights to make decisions for themselves. Women have been subjected to injustice through decades. They have been treated as non-existent for decades. Women wee else was always making decisions for…

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Impact of stricter SEBI norms for independent directors

The Securities and Exchange Board of India (SEBI) is the statutory regulatory body under the jurisdiction of the Ministry of Finance, Government of India for securities and commodity market in India. On 29th June the SEBI board permitted amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provisions pertaining to independent directors. Independent…

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INSOLVENCY AND BANKRUPTCY CODE, 2016

Prior to the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as IBC), India had no singular law dealing with a company in financial distress. The legal framework was fragmented due to the existence of multiple acts (SICA, SARFAESI, RDDBFI). This led to unnecessary delays, confusion and conflicts. Its detrimental effects could be gauged from…

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mandamus – we command

“A writ issued by a court to compel performance of a particular act by lower court or a governmental officer or body, to correct a prior action or failure to act.” INTRODUCTION In India, Articles 32 and 226 of the Constitution empower the Supreme Court and High Court to issue writs in cases where the…

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