Kolkata flyover collapse: 'Act of God' plea lacks legal bite

Other than breach of contract, a case for criminal negligence can also be made out in such a situation An ‘Act of God’, force majeure in legal parlance, is a term for forces that......

PNB scam: What role did the auditors play?

While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm......

Auction may be a safer bet for govt

With the Supreme Court upholding the executive's right to decide how to go about allotting natural resources, the United Progressive Alliance government's policy legacy has got a boost.Although the......

India's debt recovery mechanism off to slow start

India’s debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016. Illustration: Uttam......