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Insolvent individuals may face ban on holding, running for public office -Aashish Aryan

-The Indian Express The Central government had on December 1 notified amendments to the Insolvency and Bankruptcy Code (IBC), 2016, in which it had brought a corporate debtor’s personal guarantor under the purview of the Code. The Insolvency and Bankruptcy Board of India (IBBI), as well as the Ministry of Corporate Affairs (MCA), is in favour of disallowing individuals who have been declared insolvent, from holding any public office or being the...

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South has higher prevalence of mental disorders: study -Jagriti Chandra

-The Hindu Report finds one in seven Indians suffered from mental health issues in 2017. Tamil Nadu, Kerala, Telangana, Karnataka and Andhra Pradesh account for a higher prevalence of mental disorders that manifest primarily during adulthood in depression and anxiety, according to the first comprehensive estimates of disease burden attributable to mental health from 1990 prepared by the India State-Level Disease Burden Initiative and published in the Lancet Psychiatry. The study finds that...

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Debit cards in circulation fall 15% to 2-year low in October

-BusinessToday.in Almost 155 million debit cards reportedly went out of the market due to the migration from magnetic strip debit cards to EMV-based debit cards The number of debit cards in circulation fell 15 per cent on annual basis to 843 million in October as banks moved to migrate to EMV-chip-based cards. The downturn came as the debit cards in India seemed poised to touch the 1-billion mark a year ago, with...

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The lessons from Jharkhand assembly poll results

-Hindustan Times Indian democracy is robust. The balance is good for the polity The Jharkhand election, in which a coalition of the Jharkhand Mukti Morcha (JMM)-Congress-Rashtriya Janata Dal (RJD) has succeeded in dislodging the Bharatiya Janata Party (BJP) government, is a reflection of a broader pattern in national politics. For one, it shows, yet again, that the BJP is vulnerable at the state level — and Narendra Modi’s popularity at the...

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Justice Madan Lokur, former judge of the Supreme Court, interviewed by Bhadra Sinha (Hindustan Times)

-Hindustan Times Article 14 of the Constitution is not limited only to reasonable [actually rational] classification. What is important is that the rational classification must have a reasonable nexus with the object sought to be achieved by the legislation, says Justice Lokur Justice Madan Lokur, a former judge of the Supreme Court, says the proviso to the definition of illegal immigrant in the amended citizenship act is unconstitutional if one agrees with...

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