If you were to look at the Indian finance landscape around the last five to seven years, you would find a very traditional bank-dominated market, where the Indian state banks and the public sector undertaking (PSU) banks were giving the majority of financing, including a lot of project financing.

So, there’s been another press release by the Bar Council of India (BCI), in which chairman and senior counsel Manan Kumar Mishra shares several pearls of wisdom, criticising senior advocate Indira Jaising, which has been widely covered in the media (full release below).

Karanjawala & Co has promoted three to senior partner rung, effective today: Nandini Gore, Ruby Singh Ahuja, and Sandeep Kapur.

HSA Advocates has re-hired disputes lawyer Kanika Chugh as associate partner in Delhi, after Chugh had left in 2017 to work with her husband in his law firm SKV Law Offices.

On 27 March 2018 Times Now had exclusively that Congress and other opposition parties were drafting an impeachment motion against Chief Justice of India (CJI) Dipak Mishra.

It’s the very early hours of Wednesday morning, and Prof Ishwara Bhat is awake. The NUJS Kolkata vice chancellor (VC) has barely three hours remaining until the students’ 9:00am, 28 March 2018 ultimatum calling for his resignation before the “passive” protest is scheduled to turn into an “active” one.

Prior to the Code, India did not have a consolidated statute governing incidents of insolvency and bankruptcy of various entities. For example, the provisions relating to the insolvency of corporations were scattered amongst laws as diverse as the Companies Act, 1956 (Companies Act), the Recovery of Debts due to Banks and Financial Institutions Act, 1993 (RDDB Act), the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) and the much-reviled Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). Similarly, there were two statutes, namely, the Provincial Insolvency Act, 1920 and the Presidency Towns Insolvency Act, 1909 governing instances of individual bankruptcy.

Argus Partners has promoted four associates to various associate rungs. Name Promoted to City Debopam Dutta Managing Associate Mumbai Prerana Amitabh Managing Associate Delhi Swapnil Gupte Senior Associate Mumbai Ekta Bhasin Senior Associate Delhi

DailyO reported:

J Sagar Associates (JSA) senior associate Puja Priyadarshini, is set to join HSA Advocates in mid-April as associate partner.

Amnesty International India executive director Aakar Patel writes in Asian Age:

Sumeet Lall, who is the longest-surviving lateral partner hire at Clasis Law which under managing partner Vineet Aneja has lost its partnership several times over in the last years, has resigned, according to authoritative sources.

“Legal system collapsing under Pending Cases: Supreme Court 55,000+, High Court 37 Lakh+, Lower Courts 2.6 Crore+. Yet, a staggering 400 High Court and 6,000 Lower Court judges not appointed, while Law Minister preoccupied peddling fake news,” tweeted Congress president Rahul Gandhi over the weekend, according to India Today.

Bhatia has long led a campaign, the facts of which are hard to substantiate, against a former RAW chief for sexual harassment, regularly alleging the complicity of a series of judicial members and many others.

The government said in Lok Sabha on 21 March that the “entry of foreign law firms… on basis of reciprocity is under consideration by Government”, as first reported by LiveLaw.

Artificial intelligence (AI) and machine learning (ML) have been making inroads into nearly all walks of life. Much of what’s visible in the mainstream has been restricted to headline-dominating stunts such as Google’s DeepMind systems beating humans at ultra-complex board games like Go or Chess or the IBM Watson system besting champions of the TV game show Jeopardy (way back in 2011). There have been rapid improvements in self-driving car technology by several companies. And on the consumer software side, facial and photo recognition, real-time text, voice and image translation and other useful tools from the major tech giants often seem like magic, or at least eerily, almost-humanly intelligent.

The 70th anniversary of diplomatic relations between Brazil and India, which began with installation of the Brazilian embassy in New Delhi in the following year of India independence, is celebrated in 2018. The similarities of both countries may be a good perspective to explain the critical value of such partnership to Brazil, which has grown stronger through so many different times and contexts.

Data privacy is a burning issue, from the Aadhaar ID database to a series of recent government and judicial reports laying the groundwork for a much-overdue reform of Indian privacy regulations, which will affect a plethora of businesses.

Outlook reported:The Supreme Court on Thursday directed the trial court in Gujarat not to proceed with defamation case filed by Bharatiya Janta Party (BJP) president Amit Shah’s son Jay Shah against news website The Wire for its report.

In a rare move from academia to the law firm world, Link Legal India Law Services has engaged former Delhi University’s Campus Law Centre faculty Solil Paul as chair - academics at the firm.