Articles

Aishwaryasandeep

Inspirational Woman – Ranajana Kumar

Ranjana Kumar (born December 10, 1945) is an Indian banker who served as Vigilance Commissioner in Central Vigilance Commission and Chairperson of National Bank for Agriculture and Rural Development (NABARD). She had begun her banking career in 1966 as a probationary officer in Bank of India where she served in various positions. When the Government of India appointed her as the Chairperson and managing Director of…

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Importance of “Anonymous Complaints Regarding Corruption”

According to Commission’s circular No.07/11/2014 dated 25.11.2014; no action should be taken on anonymous/pseudonymous complaints and such complaints should be filed. Anonymous complaints are those grievances which don’t convey name and address of the complainant. Pseudonymous complaints convey obscure charges and now and at times fractional data of the complainant. There is no compelling reason…

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MYTH OF COST EFFECTIVENESS IN ICA

Since, the era of White industries case,the there have been enumerous instances where parties to arbitration preferred ad hoc arbitration over institutional and thereby led to greater expansion of the former over the latter.“Ad-hoc arbitration is considered less expensive than institutional arbitration, as the parties only pay fees of the arbitrators, lawyer’s fees, and the…

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BANKRUPTCY TOURISM IN INTERNATIONAL TRADE

Bankruptcy tourism is a phenomenon that involves MNCs moving to another favourable jurisdiction and filing bankruptcy there by proving the COMI. This also facilitates forum shopping. COMI was first used in the UNCITRAL Model Law on Cross Border Insolvency. When MNCs  opt for forum shopping in a foreign country, there is great amount of economic…

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JUDICIAL REVIEW OF LEGISLATIVE ACTIONS AND HOW TO CHALLENGE IT

“Judicial review of legislative actions with respect to socio-economic rights has attracted intriguing debate among the constitutional law and political science scholars for some time now”. But time and again the judiciary has taken the liberty to comment upon numerous policies enacted by the legislature.This is evident in Anuradha Bhasin vs Union of India and  Puttaswamy judgement.This review implies the power…

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MYTH OF COST EFFECTIVENESS IN ARBITRATION

Since, the era of White industries case,the there have been enumerous instances where parties to arbitration preferred ad hoc arbitration over institutional and thereby led to greater expansion of the former over the latter.“Ad-hoc arbitration is considered less expensive than institutional arbitration, as the parties only pay fees of the arbitrators, lawyer’s fees, and the…

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