-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...

-TheWire.in The Right to Information Act has not been implemented in letter and spirit, which is why the number of RTI appeals and complaints with the Central Information Commission is growing. The Narendra Modi government has made an oft-repeated commitment to promote transparency and participatory decision-making processes to contain the scourge of corruption in public life. While the Right to Information (RTI) Act is used for promoting free flow of information, the...

-Scroll.in A year after its launch, the new process that handles the recovery of crores of rupees of unpaid corporate debt is shrouded in opaqueness. India’s new insolvency and bankruptcy regime has been functioning for a year without any disclosure norms or mandatory transparency regulations. In the first year of its application, the regime is already dealing with more than 450 cases that add up to thousands of crores of rupees...

-The Hindu Member countries fail to reach agreement on food security right, centrality of development Buenos Aires: The December 10-13 meeting of the World Trade Organisation’s highest decision-making body in this ‘city of fair winds’ ended becalmed with the WTO’s 164 members unable to reach a consensus on substantive issues such as the food security right of developing countries and the centrality of development in multilateral trade negotiations. However, the Ministerial Conference managed...

-The Indian Express Instead of cancelling hospital licences, bring in patient centric laws, institutional capacity to enforce them. The grievous error in declaring a live baby dead by the capital’s Max hospital, following closely on the heels of Fortis hospital charging exorbitant amounts for the treatment of a seven-year-old child diagnosed with dengue, seem to have pushed things to a tipping point. The government responded by cancelling the licence of Max — a...