INTRODUCTION Competition law is a body of laws and regulations designed to avoid imbalances in markets caused by anti-competitive commercial practises. The primary objective of competition law is to provide a healthy environment for both buyers and sellers by banning illegal activities with the aim of gaining a bigger share of the market than wou..
Key Takeaways The Criminal Procedure Code (CrPC) is a comprehensive law that governs criminal justice in India, covering aspects such as police powers, arrest, trial procedures, evidence, and sentencing. The CrPC empowers the court to summon witnesses and question them at any stage of an inquiry, tria..
KEY TAKEAWAYS Protecting the rights and interests of parties involved in a court dispute is made possible through interim remedy under the Specific Relief Act, 1963. A crucial instrument for preserving the status quo, averting irreparable harm, and retaining the efficacy of final judgements is interim relief. To maximise their prospects of getting ..
Key Takeaways Res gestae is a legal principle that permits the admission of unprompted remarks about an occasion or transaction. These statements, which were made right away after the incident, offer trustworthy and reliable evidence because they are less likely to be made up or misrepresented. The elements..
Key Takeaways Bailment is the transfer of personal property to another person, known as the bailee, for safekeeping or temporary use, even without a formal contract. It involves legal obligations, and negligence resulting in property damage can lead to legal consequences. In India, the Indian Contract Act of 1872/spa..
INTRODUCTION The Insolvency and Bankruptcy Code (IBC) has revolutionized India's insolvency resolution framework, providing a transparent and efficient mechanism for resolving distressed businesses. One crucial aspect of the IBC is the regulation of related party transactions, which aims to prevent abuse and ensure fairness in the insol..
MEANING Ejusdem generis, a Latin phrase, means "of the same kind or nature." When a law enumerates specific categories of individuals or items and then makes a general reference to them, the general statement only applies to similar individuals or items specifically listed. For example, in the expression "books, pamphlets, newspapers, and other docume..
INTRODUCTION The surge in global trade, facilitated by advancements in communication and transportation, has led to a significant rise in disputes arising from international commercial transactions. These transactions involve agreements between parties from different countries, making it complex, time-consuming, and costly to resolve disputes through traditional judicial processes. ..
Key Takeaways The Insolvency and Bankruptcy Board of India was created to supervise and control the nation's bankruptcy and insolvency resolution procedures. The IBBI is responsible for developing and implementing regulations, guidelines, and codes of conduct to ensure the efficiency and integrity of the insolvency resolution process. It also provides a grieva..
KEY TAKEAWAYS The Adjudicating Authority is crucial to the efficient application of the Code's provisions, their interpretation, and the resolution of disputes. The adjudicating authority wields quasi-judicial authority, adjudicating claims and disputes while upholding fairness and public trust. The article discusses the significance of procedural f..
INRRODUCTION Recently, Chief Justice of India Mr. D.Y Chandrachud drew attention on the flipside of live streaming of court proceedings in his speech while addressing National Conference on Digitisation, Paperless and e- initiatives at Odisha Judicial Academy. He highlighted that there are various clippings viral on YouTube and probably on other social media channels as well where c..
KEY TAKEAWAYS Government policies that may not be in accordance with fundamental rights but are important for social and economic growth are protected under the 9th Schedule. To address social and economic inequities in Indian society, many legislation pertaining to reservation policy, education, and social..
KEY TAKEAWAYS The COVID-19 pandemic has caused cyberattacks on healthcare businesses, as they have to protect patient data, which is a valuable resource on the internet. Hackers can use stolen patient medical record information to create fake identification documents, submit false insurance claims, or accumulate expenses. The healthcare sector in In..
Key Takeaways The global pharmaceutical industry is a complex sector involved in the development, manufacturing, and distribution of drugs and medications for human and animal health. Pharmaceutical laws are legal regulations and guidelines that govern the industry to ensure the efficacy, and quality of drugs, protect public health, p..
KEY TAKEAWAYS According to the Information Technology Act, 2000 (IT Act) digital signatures are recognised by the law and have the same legal standing as physical ones. By providing digital signature certificates and verifying that legal requirements are met, certification bodies play a significant part in the authen..
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