Facts The case FICCI Multiplex Association of India v. United Producers/Distributors Forum & Ors. (Case No. 01 of 2009) was decided by the Competition Commission of India (CCI) on May 25, 2011. The FICCI Multiplex Association of India, representing multiplex … Read more

I. Introduction Central Bank Digital Currencies (CBDCs) represent a digital form of central bank money, distinct from the digital balances held by commercial banks with central bank 1. While individuals and businesses have long utilized digital forms of money, a … Read more

1. Introduction: Setting the Stage for Money Laundering in the Virtual Asset Ecosystem Virtual digital assets, encompassing cryptocurrencies, digital currencies, and other forms of virtual value, have permeated the global financial landscape with increasing momentum. These innovative technologies offer numerous … Read more

The debate over how customary international law (CIL) applies to ‘holdout’ states is both intricate and deeply thought-provoking. A ‘holdout’ state is essentially one that refuses to follow a customary international rule, even when most other nations accept and practice … Read more

Salomon v Salomon & Co. Ltd (1897) Introduction:The Salomon v Salomon & Co. Ltd (1897) case is a cornerstone of modern corporate law, marking a turning point in how companies are viewed legally. It established that a company, once incorporated, … Read more

Section 2(48) of Companies Act, 2013- Indian Depository Receipt “Indian Depository Receipt” means any instrument in the form of a depositary receipt created by a domestic depository in India and authorized by a company incorporated outside India making an issue … Read more

Sec. 6 – Capital account transactions. —(1) Subject to the provisions of sub-section (2), any person maysell or draw foreign exchange to or from an authorised person for a capital account transaction.(2) The Reserve Bank may, in consultation with the … Read more

16th and 17th centuries: The history of corporate governance begins with the formation of major chartered companies like the East India Company, the Hudson’s Bay Company, and the Levant Company, which created conflicts between investors and managers. Mid-1970s: The federal … Read more

Introduction: Cryptocurrency and digital assets have emerged as transformative forces in the global financial landscape, disrupting traditional systems and creating new avenues for investment and innovation. This essay explores the multifaceted legal aspects surrounding cryptocurrencies and digital assets, delving into … Read more

The One Person Company (OPC) concept was introduced under the Companies Act of 2013. An OPC is essentially a business established and managed by a single individual, as indicated by its name. It enjoys all the attributes of a traditional … Read more