Author Archives


Advocate, adviser and educator

Chanakya Neeti [Sanskrit]

प्रणम्य शिरसा विष्णुं त्रैलोक्याधिपतिं प्रभुम् । नानाशास्त्रोद्धृतं वक्ष्ये राजनीतिसमुच्चयम् ॥ ०१-०१ अधीत्येदं यथाशास्त्रं नरो जानाति सत्तमः । धर्मोपदेशविख्यातं कार्याकार्यं शुभाशुभम् ॥ ०१-०२ तदहं सम्प्रवक्ष्यामि लोकानां हितकाम्यया । येन विज्ञातमात्रेण सर्वज्ञात्वं प्रपद्यते ॥ […]

Reserve Bank of India (Prevention of Market Abuse) Directions, 2019

These Directions shall apply to transactions of all participants in markets for financial instruments but shall exclude transactions executed through the recognized stock exchanges under and in accordance with the regulations of the Securities and Exchange Board of India. These Directions shall not apply to the Bank and the Central Government in furtherance of monetary policy, fiscal policy or other public policy objectives.

RBI releases draft “Enabling Framework for Regulatory Sandbox”

A regulatory sandbox (RS) usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain regulatory relaxations for the limited purpose of the testing. The RS allows the regulator, the innovators, the financial service providers (as potential deployers of the technology) and the customers (as final users) to conduct field tests to collect evidence on the benefits and risks of new financial innovations, while carefully monitoring and containing their risks. It can provide a structured avenue for the regulator to engage with the ecosystem and to develop innovation-enabling or innovation-responsive regulations that facilitate delivery of relevant, low-cost financial products.

Report of the Working Group on FinTech and Digital Banking [RBI]

Financial services, including banking services, are at the cusp of a revolutionary change driven by technological and digital innovations. A rapidly growing number of financial entities and technology firms are experimenting with related technological and financial solutions as well as new products in the financial services field which either modifies the way financial intermediation takes place or leads to disintermediation.

Bharat Amar Bharatbarsha [Bengali Nationalist Song]

ভারত আমার ভারতবর্ষ, স্বদেশ আমার স্বপ্ন গো তোমাতে আমরা লভিয়া জন্ম, ধন্য হয়েছি ধন্য গো কিরীটধারিণী তুষারশৃঙ্গে সবুজ সাজানো তোমার দেশ তোমার উপমা তুমিই তো মা, তোমার রুপের নাহি তো শেষ সঘন […]


The principal issue in this case is whether a newspaper or broadcaster that publishes defamatory falsehoods about an individual who is neither a public official nor a public figure may claim a constitutional provilege against liability for the injury inflicted by those statements [United States Supreme Court]

Random House Australia Pty Ltd v Abbott [1999] FCA 1538

DEFAMATION – meaning of publication – natural and ordinary – false innuendo – whether particulars of meaning required to be pleaded as imputations or false innuendos – whether publication conveyed imputations as pleaded – whether imputation of lacking personal integrity defamatory – whether imputation of shallow political commitment defamatory – whether imputation of being of weak and unreliable character defamatory – whether trial judge erred in reading “sexually promiscuous” as meaning “guilty of unchastity” – whether publication bore an imputation of unchastity – whether imputation of sexual promiscuity defamatory – whether imputation of unchastity defamatory – whether imputation of low moral standards defamatory – whether imputation of being a political manipulator was defamatory.