By- Mainak Mukherjee and Abhishek Bhatra
INTRODUCTION
SEBI’s Minimum Public Shareholding (herein after ‘MPS’) norm mandates that all listed companies maintain a minimum 25% shareholding in the hands of the public, ie, non-promoters. The primary objective behind implementing this norm was to ensure transparency, public participation, and to mitigate susceptibility to market manipulation. However, the MPS regime has unfortunately fallen short of achieving its intended objectives, giving rise to a range of challenges and setbacks. This article explores the multitude of issues plaguing the current regime while presenting comprehensive solutions to address these challenges.
WHAT IS THE MINIMUM PUBLIC SHAREHOLDING…
RMLNLU along with Khaitan & Co. is organizing a Legal Essay Writing Competition and Conference on “Competition Law”. Entries for the same are invited from interested law students.
About RMLNLU
RMLNLU was established in 2006 to impart quality legal education to students all over the country and to meet emerging challenges in the field of law. RMLNLU is committed to providing excellent infrastructure to its students and facilitating an environment that advances and disseminates knowledge of the law and legal processes. It aims to develop in students and research scholars a sense of responsibility to serve society in the field…
By- Akshit Singla
INTRODUCTION
Salesmen of Arbitration often talk of a pro-arbitration regime where the courts do not interfere and all disputes get resolved by the golden process. However, the finality of Arbitral awards and minimal judicial intervention seem to be nothing more than modern myths in reality. A simple arbitral process starts from a dispute, to a tribunal, then to an award, to setting aside the award, and then a final appeal. As an alternative to the system of courts, the process boasts of its minimal judicial intervention where it is only allowed to a very limited extent for…
By: Andolan Sarkar
INTRODUCTION
The genesis of the Armed Forces Tribunal was caused by the observations made by the Supreme Court (herein after ‘SC’) in Lt. Col. Prithi Pal Singh Bedi v. Union of India & Others, wherein the court noted that the punishments awarded to service persons by the Armed Forces were not proportionate and excessively harsh. The court suggested a review mechanism by the Armed Forces Tribunal. Consequently, the Armed Forces Tribunal Act was formulated in 2007. The Armed Forces Tribunal performed the function of a specialized tribunal catering to cases exclusively arising from the Armed Forces. The…
About RMLNLU
Dr. Ram Manohar Lohiya National Law University is an institute for law in Lucknow, Uttar Pradesh, India. Dr. RMLNLU was established in the year 2005, and since then, has been providing undergraduate and postgraduate legal education.
About the Pro Bono Club, RMLNLU
The Pro Bono Club of RMLNLU, Lucknow was constituted to strengthen the Nyaya Bandhu (Pro Bono Legal Services) program which is an initiative under the Department of Justice, Ministry of Law and Justice. Nyaya Bandhu is the Government of India’s primary initiative to establish a framework for the dispensation of Pro Bono Legal Services across the…
By: Gurkaranbir Singh
INTRODUCTION
Parallel proceedings in investor-state arbitration are an emerging phenomenon which operates as a stumbling block against the expeditious dispute resolution process. Such proceedings are possible in an international legal framework as international law does not provide a strict application of domestically practiced principles of Res Judidicata and Lis Pendens. This phenomenon of “parallel proceedings” has been identified as a serious problem in the fora as it leads to inconsistent arbitral awards by different arbitral tribunals adjudicated on the same set of facts.[i] It further leads to undermining the application of international legal principles, the coherence of…
Johnny Depp has been wrapped up in authorized conditions for fairly a while now. Most lately, the Pirates of the Caribbean star was entangled in a (televised) six-week defamation case along with his ex-wife, Amber Heard. finally, the jury’s verdict fell in Depp’s favour, as Heard was discovered responsible of three counts of defamation and now should pay her ex hundreds of thousands of {dollars}. Whereas Depp has apparently closed the ebook on that scenario, he is now dealing with an assault-related lawsuit from a former colleague. And the accuser’s lawyer is talking out forward of the trial.
The plaintiff…
By: Anushka Satya
THE SCOURGE OF MONEY LAUNDERING AND THE URGENCY TO COMBAT
Submit the interdependence of economies throughout the globe, with the seamless change of sources between sovereign borders, the menace of cash laundering has change into extra urgent than ever. Statistics say that 2-5% of the worldwide GDP, or US$ 800 billion – US$ 2 trillion is the estimated amount of cash laundered globally in a single yr. To sort out this menace, the United Nations Basic Meeting in its Political Declaration in 1998 urged member nations to undertake laws to mitigate cash laundering.
India, which isn’t any…
