By Sujit Bhar International financial scenarios present rather interesting paradoxes. While news of Americans falling behind on car payments at a record pace seems disturbing, bringing back memories of the 2008 subprime crisis, in India, even with its banking sector’s baggage of massive non-performing assets (NPAs), recent trends indicate a significant improvement. The gross NPA…
By Annunthra Rangan Mark Carney has replaced Justin Trudeau as Canada’s prime minister after securing an overwhelming 85.9 percent of the votes in the Liberal Party’s leadership contest. His tenure, however, will be brief, lasting less than eight months before the general elections scheduled for October. Nonetheless, his leadership could signal a shift in Canada’s…
By Binny Yadav In a striking and unequivocal rebuke, the Orissa High Court recently sent a powerful message about personal responsibility, the misuse of legal protections, and the true spirit of family law. The case of Bhupendra Singh Notey vs Gagandeep Kaur has sparked not only legal debates, but also a moral conversation on the…
By Justice Kamaljit Singh Garewal In July last year, Indian citizens were promised comprehensive protection from crime when the Criminal Procedure Code was renamed the Bharatiya Nagarik Suraksha Sanhita. Quite frankly, renaming criminal procedure as “nagrik suraksha” is neither here nor there. Since 1950, Indian citizens have been under the protective umbrella of the Constitution….
By Prof Upendra Baxi For students of American governance, purportedly plenary Executive Orders (EO, hereafter) are not a new phenomenon at all—these are as old as the presidency of George Washington. They present the binding policy of the administration and direct its enforcement policies “by leveraging the enforcement and buying power of the federal government”…
By Dilip Bobb The backlog of cases in various courts, including the Supreme Court, has led to some disputes lasting 30 to 40 years—and in some cases, even longer. The oldest case is over 70 years old, and some have now become legendary for their longevity. A Royal Dispute That Spanned Generations The death of…
The Supreme Court on Friday evening claimed that the Apex Court Collegium did not recommend the transfer of Delhi High Court judge Justice Yashwant Varma, who was embroiled in a major controversy following the alleged recovery of a large sum of unaccounted cash from his official residence in Delhi. An official statement issued by the…
The Supreme Court on Friday initiated an in-house inquiry against Delhi High Court Justice Yashwant Varma, following the recovery of a large sum of unaccounted cash from his residence on March 14. The Apex Court further directed Delhi High Court Chief Justice Devendra Kumar Upadhyaya to submit a report on the matter. Earlier on March…
The Supreme Court Collegium has ordered immediate transfer of Delhi High Court judge Justice Yashwant Varma to his parent High Court of Allahabad, following recovery of huge amount of cash from his residence last week. The Apex Court Collegium, headed by Chief Justice of India Sanjiv Khanna, took the decision during an urgent meeting convened…
The Supreme Court has restored the proceedings initiated by the Serious Fraud Investigation Office (SFIO) against a nominee director of the Punjab National Bank (PNB) on the board of Bhushan Steel Limited (BSL) in a financial fraud case. The Bench of Justice MM Sundresh and Justice Rajesh Bindal set aside an order passed by the…