AY Associates

Tag: small-business

  • India’s Position on Model Law for Cross-BorderInsolvency

    India’s Position on Model Law for Cross-BorderInsolvency

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    by

    Abhishek Yadav
    in

    The global nature of modern commerce necessitates efficient legal frameworks to address insolvency cases that span multiple jurisdictions. India, with its growing economy and integration into the global market, has recognized the importance of adopting robust mechanisms for cross-border insolvency. The United Nations Commission on International Trade Law (UNCITRAL) Model Law on Cross-Border Insolvency serves…

  • The concept of corporate criminal liability in India

    The concept of corporate criminal liability in India

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    by

    Abhishek Yadav
    in

    The concept of corporate criminal liability in India addresses the legal accountability of corporations, which are legally recognized as separate entities from their shareholders. Corporations, though lacking a mind or intent, can be held responsible for criminal acts under the principle of vicarious liability, where an entity is liable for the actions of individuals acting…