The Supreme Court had, on 3rd March 2017, heard a public interest litigation (PIL) petition filed by an NGO, Citizens Resource and Action Initiative, to demand compensation for the families of the farmers who have committed suicide due…
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The recent development in the Vijay Mallya- bank loan default case has been that the Supreme Court has adjourned the hearing of the plea of the State Bank of India (SBI) – led consortium of 17 Banks against…
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The Prevention of Corruption Act (the PC Act), 1988 seeks to combat and eliminate bribery and corruption amongst public servants; and punish those who abet or conspire with a public servant in the commission of any offence punishable…
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The Central Bureau of Investigation (CBI) had, earlier on 31st January 2017, filed an affidavit before a special CBI Court seeking the extradition of Vijay Mallya, the promoter of now-defunct Kingfisher Airlines, from the United Kingdom (UK) where…
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The Union Budget 2017-18 was presented by Mr. Arun Jaitley, the Finance Minister of India, on 1st February 2017. The Finance Minister states that there has been 36% increase in the foreign direct investment (FDI) inflows in India….
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In the recent Vijay Mallya bank loan default case, the accused nine officials of the government-owned financial service company, i.e. Industrial Development Bank of India (IDBI) and the now-defunct Kingfisher Airlines have been arrested by the CBI on…
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Supreme Court imposes ban on sale of liquor along National and State Highways The year 2016 brought with it commendable regulations and initiatives, aimed towards providing and ensuring promotion of public interest and safety. The Supreme Court of…
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Jallikattu (or sallikkattu), also known as eru thazhuvuthal and manju virattu, is a traditional spectacle in which a bull is released into a crowd of people and multiple human participants attempt to grab the large hump of the…
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The Indian banking system lays down certain norms and guidelines for sanctioning credit facilities to an individual or a company. As per the Reserve Bank of India (RBI) circular number DBOD. No. Dir. BC.16/13.03.00/2014-15, a company (including its…
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In the last ten years, road crashes have killed over 13 lakh people in India. According to the Law Commission of India, 50% of these victims died of preventable injuries and could have been saved if they had…
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