Should insider dealing be prohibited?
INTRODUCTION When persons deal in financial products having prior knowledge of price sensitive information which is not in the public domain, such trades are termed as Insider Dealing. These trades seem to a non participant, legally and morally incorrect as understood in colloquial understandings as a matter of ethics. However, if the moral high ground […]
Section 24(2) Of The LARR Act, 2013- Quietus On The Interpretation
It is known that with the coming into effect of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act,2013 (“LARR Act, 2013”) on 01/01/2014, came a controversial provision, i.e., Section 24(2) of the LARR Act, 2013. As per the said provision, if the Award was passed 5 years prior to […]
The Negotiable Instruments (Amendment) Ordinance, 2015 – Avoidable Confusion
s. Lately, there has been a lot of confusion on what the Territorial Jurisdiction would be in cases of complaints u/s 138 of the Negotiable Instruments Act, 1881 (hereinafter referred to as the NI Act, 1881). With matters being transferred to different Courts after the Judgment of the Hon’ble Supreme Court in Dasrath Rupsingh Rathod vs. […]
Suicide Note and the Consequential Menace
What is suicide? The definition given by the Oxford Dictionary is ‘the action of killing oneself intentionally‘.1 This would mean when someone kills themselves with knowledge that the act would either cause them bodily harm or would die. For an act done intentionally how can anybody else be held responsible. This directly brings into question […]