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Shivanand Pandit

IL Feature

Loan moratorium: A balanc...

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In a verdict that balances business and consumer interests, the Court ruled that there would be a waiver of compound interest on loans from March 1 to August 31, 2020 due to Covid-19.
IL Feature

Higher FDI cap in insuran...

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The government’s decision to raise the limit of foreign investment in Indian insurance companies from 49 percent to 74 percent is a timely boost. Can it be a game changer in an industry weakened by the pandemic?
Columns

A CAGe for a watchdog

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Over the last five years, there has been a systemic slowdown in the submission of CAG reports. Critics wonder if the government’s fiscal strength and management is being assessed at all or not.
Columns

Tightening governance: SE...

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SEBI’s suggestions were provoked by worries about the efficiency of the directors and the need to strengthen their autonomy and effectiveness to safeguard minority investors. But more needs to be done.
Columns

Sale of PSUs can boomeran...

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The government has made a strong pitch for privatisation of PSUs and monetisation of underemployed resources.
Columns

Cairn Energy case: Centre...

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After the company won an international arbitration tribunal ruling against India for levying taxes retrospectively, the centre will contest all cases filed by Cairn in various international courts.
Columns

Development Finance Insti...

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While the centre’s plan to establish a Rs 20,000-crore DFI for infrastructure projects is an old idea, its success will depend on transparency and accountability and its engagement with stakeholders.
Columns

Nirmala’s Budget: Caveats...

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In this issue of India Legal (February 15, 2021), our columnist Shivanand Pandit takes a close look at the Budget and what it proposes to do. It is not a wishy washy document. The Modi government has tried to put an honest-to-goodness growth plan in place by announcing “a bold and new-age Budget”
Columns

Budget 2021: Now the Hard...

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India has seen bold budgets, realistic budgets and reformist budgets over the years. In the midst of amazingly high public anticipation regarding Union Budget 2021-2022
Columns

Tightening the NBFC screw...

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The RBI proposes tighter rules for NBFCs and wants them classified into four categories. This is crucial for fiscal steadiness and to bring back confidence and will ensure that larger players will be screened just like banks.
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