The “Third” Gender

Transgenders are known by different names in South Asia. There is a misconception that they are "only men who have feminine gender identity, adopt feminine gender roles and wear women's clothing". But, in reality, the community is significantly more diverse than this notion.They were counted for the first time in the Census 2011, in which they constituted a separate category.This was the first step taken by the government to get this community some basic rights.The transgenders have been...

CLAT Preparations – A Few Pointers

Having worked really hard for your CLAT exams, there are not many things to be said and done here. But then the most important aspect of actually giving your exam is coming up. Therefore, we would like to give you a few pointers so that you can get results in consonance with the hard efforts that you have already put in.• Stay Positive: Do not waste your time thinking over failure or success. The job you have in your hand is to study hard. Do your duty with dedication and have faith in your...

Legal aspects of live-in relationship in India

India is a country of culture, religions and traditions and at the same time a country which is developing fast and embracing the global changes faster. A country which is still enveloped in its century old beliefs, but at the same time the country which is ever evolving and ever accepting towards the new trends and culture. These strikingly different aspects of the nation have successfully divided the country in two parts.While one part is running ahead in time ready to embrace the change, the...

What are the ways to define a law school?

Law school is a place which builds the mind. A place which teaches one not just to think but to think differently. During the 5 years here, we come across a sea of people. Whether you like or dislike it, but a law school can definitely offer a set of ostentatious and outstanding people concurrently. Here are a set of people I think there are in a law school –1.The  SubhramaniamsThis group likes to see their future filled with a lot of academic accolades. They'll rather be with their books than...

Internship scamming and spamming

Law students were pioneer in the matter of internship. Internship is a rather new phenomenon here. There are a few professions in which there is mandatory internship – like to become a doctor you must intern at the end of medical college. However, rest of the students did not intern at all - and certainly not during each summer and winter holidays. It was only in 2012 that internship has been made mandatory for engineering students. Law students, however, especially those from top National Law...

Valuation of Shares and the Importance of Disclosures in the Indian Securities Market

One question that boggles the mind of all players in every stock market is “What should be the true value of the shares?” To a market regulator, this question is of much more importance. It is the regulator’s duty to take all appropriate measures to ensure that the shares should be priced so as to reflect the fundamentals of the company. Otherwise, it may result in astronomical losses to all the players of the market, from individual investors to big corporate giants.Before the liberalization of...

Corporate Social Responsibility: From a Moral Duty to a Statutory Mandate

The theory of corporate social responsibility revolves around the discretionary, ethical, legal and economic expectations placed on businesses by society, Ethics, in this case, pertains to the perceived duty of businesses to adhere faithfully to law and avoid activity that undermines the welfare of investors, consumers, employees and citizens in the pursuit of profit. To some it conveys the idea of legal responsibility or liability; to others, it means socially responsible behavior in the...

Rahul an achiever in the true sense

Nineteen year old law student who strides as an overachiever, Rahul Bajaj’s visual impairment has never deterred him from achieving his stations. At present, a student of law at Nagpur University, Rahul secured 97 per cent in Class X and 95 per cent in Class XII, for which he was awarded the Dhirubhai Ambani Scholarship from Reliance Foundation and a scholarship from the Director of Higher Education, Government of Maharashtra.Rahul faced visual impairment since birth due to a rare retinal...

Expanding horizons of data protection in cyberspace: Court orders negligent bank and mobile service provider to pay compensation

In September last year, an allegation of fraudulent siphoning of 19 Lakhs was made out via an ICICI current bank account of Sanjay Dhande, a former Director of IIT Kanpur. The account was jointly owned by Dhande and his wife and they were using mobile phone banking, using the services of Vodafone. The sim was registered in his wife's name. Peculiarly the sim had stopped working around the 6th to 9th of September, 2013 during which time the fraudulent siphoning of funds via a foreign IP...

Legislations enacted/ amended in 2013: A snapshot

1.      The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012:This Act seeks to amend the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. The Act proposes to provide for conversion of any part of debt into shares of a borrower company.  The Act proposes to include multi-state co-operative banks in the definition of banks in the existing...

Social Networking in Prison; Extent of Prisoner's Right to Communication

The media revelation earlier this month, that the accused in the highly controversial, T.P. Chandrasekharan (Revolutionary Marxist Party leader) murder trial, were social networking from their prison cells, spurred yet another round of political hue and cry in Kerala. On questions at the abhorrent lack of discipline in the State’s prisonsbeing raised, the Kerala Home Minister, Thiruvanchoor Radhakrishnan, eager to save his face, quickly pacified everyone with assurances of taking immediate steps...

All About Internships: Mechanics and Expert Speak (Part III)

An internship is beneficial as long as you try and make the most of your experience. By and large, internships don't have any downside, with the exception of no financial rewards. You will be well advised to approach them as an opportunity for gaining experience and free training. An internship will not guarantee you a job in the future. But it will give you the opportunity to work closely with professionals in your chosen field,and help you in...