Introduction: Drawing of a cheque constitutes a commitment to honour the cheque. The very foundation of the banking system rests upon the assurance that this commitment shall be fulfilled. Thus, the failure to do so violates...
Tag - transactions
SEC v. Ripple1, a significant judgment favouring Cryptocurrencies, has been analysed in this article. In a major win for the Crypto platforms, Judge Analisa Torres of the United States District Court (SDNY) held that certain...
The Digital Personal Data Protection Bill, 2023 was passed in the Lok Sabha on 7th August 2023. It lays down the obligations of entities collecting and processing data along with the rights of individuals whose data is being...
Due diligence refers to the process of identifying, assessing and mitigating the risks associated with financing a business. It is essentially an exercise that an entity undertakes before entering into any transaction. It is...
Introduction Climate change has been recognised as one of the most critical challenges and globally, and India has announced plans to be net zero by 2070. In line with this, the Reserve Bank of India has released a...
What are Debentures Debentures are instruments that are issued by companies or government entities to borrow funds from the public in the form of debt. When an investor purchases a debenture, they are essentially lending money...
The Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017 (“Act”) lays down conditions for employment of women in general, and/or during night-shifts. General...
WHAT IS DEFI? Decentralized Finance (“DeFi”) refers to financial applications built on blockchain technologies, typically using smart contracts. Smart contracts are automated enforceable agreements that do not...
Decentralized Autonomous Organisation (“DAOs”) are essentially group of code that automatically execute whenever a set of criteria are met. DAOs can be referred to as governing bodies that looks after the...
WHAT IS BLOCKCHAIN? A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. It is a shared, immutable ledger that facilitates the process of recording transactions and tracking...