Nitayanand Jayaraman writes about the impact of the new Company Act requiring disclosures of corporate funding to political parties. The article draws upon the excellent reporting by V.Venkatesan to show how the CII is attempting to escape scrutiny. Readers of the blog might be particularly interested in his arguments addressing ways in which corporations could…

Earlier this week proceedings were initiated in the Sri Lankan Parliament to impeach the Chief Justice of Sri Lanka, Dr Shirani Bandaranayake. The allegations against Chief Justice Bandaranayake are of personal misconduct and failure to disclose her income and her foreign exchange . However, most media sources widely agree that the impeachment proceedings were triggered by an…

In the latest edition of the EPW, PK Suresh Kumar discusses the implications of a recent arbitral award in Singapore. In (White ¬≠Industries Australia Limited and the Republic of India 2011) the arbitral tribunal criticized the Indian Supreme Court for delays and directed the Union government to compensate the company for the delay. Suresh Kumar’s critique of…