IRDA AND ITS RELEVANCE IN LIGHT OF THE RECENT DEVELOPMENTS SEEN IN THE INDIAN INSURANCE SECTOR

1. Insurance Laws (Amendment) Act, 2015 The latest Amendment Act of Insurance Laws, 2015 sought to amend the Insurance Act, 1938, The General Insurance Business (Nationalization) Act, 1972 and the Insurance Regulatory and Development Authority Act, 1999.  It was the first major amendment in the Indian Insurance Laws since the enactment of the IRDA Act, 1999. 1.1. The prolonged Amendment The Insurance Laws Amendment bill which sought to increase FDI […]

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CURBING THE MENACE OF INCREASING FUGITIVE ECONOMIC OFFENDERS- An Analysis of the Fugitive Economic Offender’s Act, 2018.

Curbing the menace of increasing fugitive economic offenders – An Analysis of the Fugitive Economic Offender’s Act, 2018. A huge number of reports pertaining to financial irregularities concerning eminent Indian businesspersons have come to light the past year. These irregularities involved manipulation, forgery, fraud in obtaining financial guarantees from National Banks in form of LoU(s) [Letters of Undertaking] Letters of credits etc. As a result, huge financial losses were faced […]

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Evolution of International Cooperation in the field of Nuclear Law

Since the discovery of Uranium in the year 1789, there was considerable scientific deliberation into its nature and properties. In the year 1896 when the radioactive properties of Uranium were discovered by Henri Becquerel, a whole field of scientific study begun in the area of Nuclear Sciences. With Ernest Rutherford’s observation that the splitting of Lithium atoms led to a significantly high release of energy, research on nuclear energy commenced. […]

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Islamic Divorce Law and Women: Recent Judicial and Legislative Strides in India

The Qur’an gives specific guiding principles as to talaq or divorce. Talaq (Divorce) means “freeing or undoing of a knot”. As per the tenets of Islamic law, divorce can be classified into three categories. Talaq, khula and mubaraat. The first one, talaq, as understood plainly, is a means of divorce, at the instance of the husband (unilaterally). ‘Khula’, is another method of divorce, but at the instance of the wife. The third mode of divorce is ‘mubaraat’ – is divorce by mutual consent

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Contextualizing Children’s Right to Privacy in the Digital Cosmos

Technological changes have been transforming our lives. The digital universe has opened up a Pandora’s Box of myriad issues ranging from the beneficial to the detrimental ones. In fact it is believed that if the world’s growing digital matter is printed and collated into a book it would form a heap that would stretch from planet Earth to Pluto ten times.[1] However, concomitant to the technical ingenuity the intensity of […]

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Urdu poetry in Indian Judgments: Courting Pragmatism in Adjudication

“tere mathe pe ye anchal to bahuthi khuub hai lekin tu is anchal se ik parcham bana leti to achchha tha.” (Meaning: While the raiment covering your head is good, it would be better if you made a banner of it.) – Annie Nagaraja and Ors. vs. Union of India and Ors. [1] A Division Bench presided by Justice Kailash Gambhirand Justice Najmi Waziri, quoted the abovementioned couplet of the […]

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