Company law and Bankruptcy law share a common trait, i.e. limited liability. While all entities incorporated under the Companies Act get limited liability, it is provided to other entities like individuals and partnerships only on meeting certain conditions. Further, it is a strong prevailing belief that where effective corporate and bankruptcy laws prevail economic [...]
Budget 2015: Is there enough to turn vision into reality? By Shankar Jaganathan While smokeless cigarettes, de-caffeinated coffee and non-alcoholic beer may have takers, the question remains whether Union Budgets without taxes would generate the same excitement that it does today. Hearing the shrill debates on TV channels, it is very clear that [...]
As the country eagerly awaits the new government’s maiden budget, Shankar Jaganathan evokes the realities of the Indian economy to provide a reference framework within which to judge the Jaitley budget. New beginnings are always exciting to look forward to for they have the potential to chart unexplored territories. New beginnings with high expectations [...]
