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At the time of exit to the Indian arm of the Ibibo group, Redbus had an enterprise valuation of around Rs. 600 crores (USD 125 million). Do you know what was the shareholding of its two founders Phanindra Sama and Charan Padmaraju? Less than 15 percent.   Do you know why?..

Let’s see how the law applies to neighbourly relations. The biblical injunction of ‘Love Thy Neighbour’ is, unfortunately, not a common occurrence. Probably, because familiarity often breeds contempt. Two neighbours, Mr 1 and Mr 2, could not see eye to eye. No talk. No visits. Now, while one neighbour, Mr 1 is away his house catches fire. What i..

There is a whole lot of commercial lingo or jargon surrounding investment documentation, and much of it finds its way into legal agreements. Terms like ‘drag’, ‘tag’, ‘liquidation preference’, ‘ROFO / ROFR’, ‘anti-dilution’, ‘put options’ and ‘ratchets’ are extremely common – ..

We believe that Indians are next to none in caliber. Individually, Indians are easily discerning in their intelligence which made Obama caution his countrymen to be wary of Indians and Chinese who are cornering most of higher education seats. But collective conduct of Indians reveals a contrast which is reflected in our bottom ..

Who steals my purse steals trash; ................... But he that filches from me my good name Robs me of that which not enriches him, p style="text-..

GANDHIJI SAID that the stream of justice has to be kept clear and pure and no one can be permitted to take liberties with it by soiling its purity. Yes justice to the Indian Parents, --- how to respect their feelings?   The responsibility of the children towards ..

What about laws regarding cruelty to animals?   There is a law that disallows cruelty to animals. A friend, Minoo Joshi, was a purser with an airline company. He often arrived home late at night. He stayed on the second floor. His ..

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI ACT) was enacted by Government of India to enable banks and financial institutions “to realise long-term assets, manage problems of liquidity, asset liability mismatches and improve by exercising powers to take possession of securities, sell th..

INTERNATIONAL TREATIES FOR SUSTAINABLE DEVELOPMENT   The United Nations, through its conference on the Human environment held at Stockholm in 1972, realized the need to protect and improve the Human environment ..

Policy on Redressal of Sexual Harassment of Woman at Work place p style="colorr: rgb(51, 51, 51); font-familyy: sans-serif, Arial, Verdana, 'Trebuchet MS'; font-sizee: 13px; line-height: 20.799999237060547p..

INTRODUCTION   “the essence of law lies in the spirit, not its letter, for the letter is significant only as being the external manifestation of the intention that underlies it” - Salmond   p style="t..

Part 1:   This post is specifically intended to help the reader to understand the Indian judicial hierarchy starting from Junior Civil Judge to Cheif Justice of India and will also try to extend in describing the jurisdictions of each ..

INTRODUCTION   It is Endeavour of any civilized society to be governed by rule of law and which necessarily requires ‘Law”. Precedents have been recognized as one of the source of law. Judges make law is no..

The Sesquicentennial celebration  has already been marked by several events, and the celebration is likely to end by September. Madras High Court has enjoyed a proud tradition. Till 1970 the members  of the legal profession occupied a vantage position. They practiced as professionals, not as businesspersons. The golden era is gone. There ..

The Gauhati High court  ruled  that the process through which the CBI was constituted  on 1st April 1963  was invalid since it was an  order  by the executive single-handedly  with the stroke of a pen. Is  the resolution laid down on fools day, fool proof? (The first of Apri..