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Indian Pharma: Shock after Shock

India is known for its Pharmaceutical exports all over the world and earned good reputation for its low-cost and quality generic medicines. But with passing years, the name and fame of India wasblemishedin the book, Bottle of Lies, written by an Investigative Journalist, Katherine Eban. While the matters are so, the latest report by the..

Lockdown and Implications

‘Lockdown’ is defined in Merriam-Webster as: 1. the confinement of prisoners to their cells for all or most of the day as a temporary security measure 2. an emergency measure or condition in which people are temporarily prevented from entering or leaving a restricted area or building (such as a school) during a threat of..

Application of Section 17, 18 and 19 of the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016 and its Effect on SARFAESI Act

Introduction India’s banking sector crisis is just the old wine in a new bottle and the sole reason for such a withered position is the inflation of bad debts. Where the bank is termed as the fuel of business, it has been overburdened due to the decline in the profitability of commercial sector banks. Securitisation..

Indian Pharma: Truth and Dare

Introduction India is the largest exporter of generic medicines to almost all the developed countries in the world. India is known for its large pharmaceuticals manufacturing and distribution to all nations from African Countries to United States of America. But the face of Pharma is losing trust at an alarming rate and falls well behind..

Legal Compliance for Foreign Investors in India Focusing on FPIs – 2020

Introduction Foreign Direct Investment (FDI) is an important monetary source and primarily involves investments being made by an individual or by a business vehicle in one country into business interests located in another country. It takes place when a corporate personality acquires control or ownership through establishing foreign business operations or through obtaining foreign assets…

Citizenship Amendment Act, 2019

Introduction India which is one of the largest democracies in the world is now being acerbically questioned about its fundamental principles that are inscribed in the Preamble asserting that “We the people of India, having solemnly resolved to constitute India into a sovereign, secular, socialist, democratic, republic”. With the passing of the Citizenship Amendment Act,..

GST = Good Simplified Tax

Perceived as one of the most important tax reform in independent India, GST is a game changer as it is considered having far reaching consequences on the GDP and economy of the country.

Geo…Whaat?! Someone is Snooping …!

BackgroundIn May 2016, the Ministry of Home Affairs, Government of India released draft regulations called – “The Geospatial Information Regulation Bill, 2016”.The main objective of the draft bill is to regulate the acquisition, dissemination, publication and distribution of geographical information of India which is likely to affect the security, sovereignty and integrity of India and for matters connected therewith and incidental thereto.What is Geospatial information or data?Data representing

Oops…Ethics?!

In February, 2017, the High Court of Delhi took cognizance of a report submitted by SEBI to the Council of the Institute of Chartered Accountants of India, on the incorrect certificate issued by a practicing Chartered Accountant with regard to allotment of share application money by a listed private company.

OECD’s study on Corporate Governance Frameworks in Asia

The Organisation for Economic Co-operation and Development (OECD) is a Paris based intergovernmental economic organisation whose objective is to stimulate economic progress and world trade. It provides a forum in which governments can work together to share experiences and seek solutions to common problems. India is at present only a member of various committees of the organisation. One of..

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