HISTORY OF RESERVATIONS IN PROMOTIONS: The question of reservations in promotions has a chequered history. In General Manager, S. Rly. v. Rangachari1 , a constitution bench in a 3:2 decision held that reservations in promotions were permissible. They were not merely restricted to initial appointments, but also selected posts subsequently.2 This was a decision rendered … Read more
Introduction It is essential to examine the legislative history of oppression, mismanagement, and prejudice/unfair prejudice in both England and India, as the echoes of colonial practices continue to impact legislative drafting and judicial decision-making to this day. In England, the regulation of incorporated companies began just 176 years ago with the Joint Stock Companies Act … Read more
The merger of HDFC Bank and HDFC Limited has officially taken place on July 1, 2023, with Housing Development Finance Corporation (HDFC) Ltd. merging with its subsidiary HDFC Bank. This significant development has been approved by the respective boards of directors of both entities and has been communicated to the Indian stock market exchanges. As … Read more