CURRENCY NOTES

INTRODUCTION Currency notes are one of the most vital elements of economic activities. It is synonymously related to money which is considered as a medium of exchange. It can also be referred to as banknotes. These notes are called banknotes as they are issued by the Reserve Bank of India (Reserve Bank). The printing of…

Semiconductor Shortage And Automotive Industry

Automotive Industry The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. Semiconductor Shortage and Automotive industry We are facing a global semiconductor shortage. Some key reasons behind the shortage are, supply chain disruptions due to the pandemic, a sharp rise in…

Parliamentary Privileges

Privileges are some special rights, exceptions and immunities enjoyed by member of Parliament and state legislature, both individually and collectively, inorder to discharge their functions effectively. They are essential part of parliamentary democracy. Parliamentary privileges are provided in Article 105 of the Indian Constitution. They are identical to that possessed by members of Legislature of…

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…

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…