Articles

July 20, 2022

POWER TO TERMINATE OR CONTINUE PROCEEDINGS
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Intrоduсtiоn: This  аrtiсle  аnаlyses  the  legаl  bаsis  аnd  the  genesis  оf  the  роwer  оf  аn  аrbitrаtоr  tо  reсаll  its  оrder  оf  terminаtiоn  оf  рrосeeding  оn  ассоunt  оf  defаult  оf  the  сlаimаnt. Indiа  seаted  аrbitrаl  рrосeedings,  whether  аd-hос  оr  institutiоnаl,  аre  gоverned  by  the  аrbitrаtiоn  аnd  соnсiliаtiоn  асt,  1996  (hereinаfter  referred  tо  аs  the  асt),  whiсh …

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SOCIO-ECONOMIC JUSTICE IS AN IMPORTANT FACTOR
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The need for social and economic justice, which stipulates that every person should have equal access to health, well-being, money, and opportunity, has grown in importance over the past few decades. A series of recent global crises (financial, environmental, socio-political, and medical) have instead increased anxiety, reinforced inequalities, exacerbated cleavages, and negatively impacted economic growth…

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Prevention of Money Laundering – A Global Initiative
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Money laundering is the illegal practise of making “dirty” wealth appears legitimate instead of poorly, and its prevention is urgently needed. Global tax evasion is thought to account for between 2 and 5 percent of global GDP, as per IMF. The ‘European Communities Directive and Convention on the Laundering, Search, and Confiscation of the Proceeds of Crime’ defines…

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