Decriminalization of Certain Compoundable offences under Companies Act, 2013: A Welcome Step

Introduction Before the introduction of LPG policy (Liberalization, Globalization, and Privatization) the corporate sector of India was being punished through a series of rigorous regime of penalties, fines and punishments for the non-compliance and non-adherence of laws as set up by the Company Act of 1953. The Company Law regime of India has been evolved…

THE COMPETITION ACT, 2002

ABSTRACT: Competition is the precursor to success. When markets work hard there is sustainability, profits, efficiency, innovation and long lasting benefits to the economy. The Competition Act,2002 is one such legislation which aims to weed out anticompetitive practices through mainly preventing anti-competitive agreements and abuse of dominance situations in the market. This article aims to…

Negotiation: Procedure, Stages and Outcomes

Individuals negotiate constantly. Companions negotiate to choose where to eat. Kids negotiate to choose which TV program to watch. Organizations negotiate to buy materials and sell their items. Legal counsellors negotiate to settle lawful cases previously they go to court. The police negotiate with psychological militants to free prisoners. Countries negotiate to open their outskirts…

LACUNAS AND LOOPHOLES IN STATUTES

Laws are known to be replete with loopholes. The Exploitation of loopholes is something everyone likes to profess outrage about, and yet I would maintain that is central to legal practice. Practical constraints supposedly make laws avoidably over or underinclusive. This article offers a different perspective to a constitution. An aspect of the battle over…