THE PROCESS OF LIQUIDATION UNDER INSOLVENCY AND BAKRUPTCY CODE,2016

The Insolvency and Bankruptcy Code ,2016 (IBC) was hailed as a revolutionary legislation in the sphere of Corporate Insolvency . In a bid to strengthen and  solidifying  the existing   Insolvency Resolution framework ,  the IBC’s main focus is geared towards revitalizing and reinforcing sick business enterprises . Perhaps the most welcoming feature of this legislation can be…

INTERNATIONAL MONETARY FUND

Following the Bretton Woods Conference, the year before, the IMF was formally established in 1944. It was founded, along with its sister organisation, the World Bank, to prevent economic disasters like the Great Depression. It is a United Nations specialised organisation that is governed by its 190 member countries. Any country that conducts foreign policy…

CRYPTOCURRENCY LEGALIZED

INTRODUCTION General The evolution of money is mystifying; from trading cattle to the daily global trade of billions of cybernetic algorithms representing monetary value in a stock exchange, technological progress can be regarded as one of the constants in our society. New advancements are developed to cater to the growing needs of humankind in this…

Public Expenditure

Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc. Until the 19th century, public expenditure was limited as laissez faire philosophies believed that money left in private hands could bring better returns. In the 20th century, John Maynard Keynes argued the role…