Introduction Recently, on the 17th of September, 2024, the Ministry of Corporate Affairs (“MCA”) finalised significant changes to the Companies (Compromises, Arrangements, and Amalgamations) Rules, 2016 to streamline the cross-border merger and acquisition transactions in India. New changes in the rules also aim at the simplification of the mechanism of operations between the foreign parent Continue reading
Abstract: With the Indian Buy Now Pay Later (“BNPL”) market expected to grow at a CAGR of 12.2% from 2023 to 2028, it has become a popular alternative to traditional credit for small-ticket items. However, regulatory and systemic challenges persist as the Reserve Bank of India (RBI) has imposed restrictions on credit-based BNPL models, mandating Continue reading
I. Introduction The Assam Revenue and Disaster Management Minister Jogen Mohan tabled the Assam Repealing Bill, 2024 in the State Assembly. It was introduced to replace the Assam Repealing Ordinance, 2024; and repeal the pre-Independence era Assam Moslem Marriages and Divorces Registration Act, 1935 and the Assam Moslem Marriages and Divorces Registration Rules, 1935. The Continue reading
Introduction On 25th November 2018, the world woke up to the startling news of designer babies, an event that was termed the “first leap of faith in science”. This groundbreaking incident made possible by Clustered Regularly Interspaced Short Palindromic Repeats (“CRISPR”) – a gene editing technology employed to modify DNA selectively, shocked the world and Continue reading
Introduction Cyber warfare is an extension of policy by actions taken in cyberspace by state or non-state actors that either constitute a serious threat to a nation’s security or are conducted in response to a perceived threat against a nation’s security. It is mainly an internet-based conflict involving politically motivated attacks on information and information Continue reading
I. What is Special about Special Purpose Acquisition Companies? Special Purpose Acquisition Companies (“SPACs”) have re-emerged as popular investment vehicles, particularly as a response to the capital-raising challenges posed by the COVID-19 pandemic. Unlike traditional IPOs, SPACs offer a faster, less regulated pathway to public market, which is the selling point to many institutional investors. Continue reading
Introduction According to an Insight Report by the World Economic Forum, the world space economy is expected to be worth $1.8 trillion by 2035. The current valuation of the Indian space economy stands at $8.4 Billion with a 2% share in the world economy. India hopes to achieve its target of a 10% share in Continue reading
Space and Insolvency: India’s New Legal Frontier Space research is getting close to a new limit. A new estimate says that the space business will be worth $1.8 trillion by 2035.[1] This is because satellite and rocket-based technology is becoming more common everywhere. At the moment, technologies that use space are very important for many Continue reading
Introduction The space race is making leaps and advances.But, it has also presented numerous obstacles in maintaining sovereignty and equity while dealing with outer space. Due to dearth of strict regulation and various loopholes in the legal framework, there is a rapid rise in the commercialization of military in outer space that reflects a humongous Continue reading
I. Introduction From becoming the first country to land on the south pole of the moon to the world’s first 3D- printed semi-cryogenic engine, India has taken exponential leaps when it comes to space technology. Not only this, it has also ushered into commercial space age. Although India has kept its space sector highly centralized, Continue reading
