-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...
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Strengthening India’s rule of law-Devesh Kapur and Milan Vaishnav
-Live Mint Despite its importance, reform of India's legal institutions has been seen as a ‘second order' issue India is a young nation long ruled by old laws-its police, for example, are governed by such colonial-era statutes as the Police Act of 1861, which predates independence by nearly a century. And its expanding economy requires forward-looking regulatory mechanisms to foster markets while curbing crony capitalism. India is also a nation that must...
More »Cure the malaise, not its symptoms-Anirudh Krishnan
-The Hindu There has been a systemic breakdown in the justice delivery system The critics of the Aarushi murder case seem unable to see the wood for the trees. The focus of endless debate on the case has been on an inadequate appreciation of evidence and the role of the media in cases of this nature. The main issue appears to have been missed - the fact that the overcooked scrutiny is...
More »HIV, cancer patients seek access to affordable medicines-Aarti Dhar
-The Hindu Protesters see attempt by EU to undermine Indian judiciary in the EU-FTA pact People living with HIV, cancer patient groups and public health activists came out on the streets on Wednesday demanding that India reject the European Union's demands in the European Union-India Free Trade Agreement (EU-India FTA) negotiations. The protests coincide with Prime Minister Manmohan Singh's visit to Germany to meet Chancellor Angela Merkel with the FTA on top of...
More »Govt targeting court, tribunals: SC -Dhananjay Mahapatra
-The Times of India The Supreme Court on Friday accused the government of trying to frustrate the functioning of courts and quasi-judicial bodies by not providing them any facilities as they found these bodies upsetting their decisions. A bench of Justices G S Singhvi and S J Mukhopadhaya made this scathing observation as the Union government failed to live up to its repeated commitment to bring in uniformity in service conditions and...
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