National Education Policy 2020: Challenges And Criticism
The National Education Policy 2020 may provide a runway for the education sector to take off despite challenges posed on account of the pandemic. The announcement of the NEP attracted criticism from industry experts, but it may place India on the global map for a sought-after educational haven of the world. The National Education Policy […]
Banks’ FY2021 recovery to take a hit as new IBC cases banned for a year
The suspension of fresh insolvency proceedings and coronavirus-related disruptions will impact recovery for lenders in fiscal 2021 as resolution mechanisms outside the Insolvency and Bankruptcy Code (IBC) are scarce, experts said. Sonam Chandwani, managing partner, KS Legal and Associates, believes that banks, primarily concerned over deteriorating asset quality due to the lockdown, have been crippled […]
RERA: A critical analysis
On May 1, 2020, the Real Estate (Regulation and Development) Act, 2016 (RERA) finished a long period since its establishment. This period is a conventional time skyline to consider the working of a Real Estate Regulatory Authority, set up under administrative law, in any event to addressing the course, want, and assurance, with which it […]
The outlook of the Indian real estate sector post-COVID-19
The Indian real estate sector has been zooming through different changes in recent years; however, none of those has undermined the wellbeing of the sector as intensely as the current emergency is anticipated to have. The lockdown and the resulting apprehension of occupation misfortune have additionally marked the interesting side, and with developmental work at […]
Intellectual Property Litigation During And Before Covid-19
The Covid-19 has smacked nearly all aspects of our lives subsequently halting certain key operations including inter alia legal enforcement. The pandemic accompanied by the nationwide lockdown accompanied dawned upon us without any caution. The emergence of a new world saw the closing of multiple segments of the economy. However, despite such telling circumstances, the […]
Repayment Of AGR Dues: A Ticking Bomb
The COVID-19 pandemic has demonstrated the importance that telecommunications infrastructure plays in keeping businesses, societies and governments, connected and functional. However, telecom companies have been laden in debt in recent years, and their network resiliency has been tested despite challenges posed by the current pandemic, propelling them further into the dark hole of debt. Amongst […]
Digitization: The natural progression of Indian Judiciary
The spread of the influenza-like infection plummeted without an alert carrying the world to an extraordinary halt. One fine day, the boundaries overseeing our regular activities were redesigned exemplarily. The world wound up in a smooth situation, with an obscure infection that radiated in China’s Wuhan city arriving at most nations over the globe. The […]
Business Resumes, Unemployment Drops: Unlock 1.0
The transmission pace slowed down but did not really aid in the flattening of the curve as compared to other nations. Instead, a full-year economic contravention was observed as a direct in decades leaving millions of people jobless. The unemployment rate had peaked during this lockdown period, being the highest in the urban areas. The […]
The power of personalized banking
The banking sector, a bulwark against the breakdown of other industries, is left to nibble away the remnants in the wake of the virus-induced global economic slowdown. Banks wrote off over Rs 80,000 crore of loans in the first half of the financial year 2020. But major Indian banks have demonstrated resilience through uninterrupted services, […]
Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency
While the Indian stressed asset market is often seen as dismal, globalization has tightened the screws on the government and regulators to take decisive action. Earlier, India’s bad debt headache was alleviated somewhat with the introduction of the SARFAESI Act (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest), allowing banks to recover […]