2017: The year of extremes

2017 was marked by 3 extreme developments in law - surprising result in the 2G telecom case, changes in Insolvency and Bankruptcy Code and the push given to 'Money Bill' provisions of the Constitution

It is that time of the year — as 2017 draws to a close, it is tempting to look at developments in the area of law that impacted business enterprises during the year. It was a year marked by three extreme developments.

First, the biggest development that came at the fag end of the year – the all-surprising outcome in the 2G Telecom Scam (or should we now go back to saying “alleged scam case”). A classic example of a judicial overreach in cancellation of 2G spectrum licenses by a two-member bench of the Supreme Court, had led to the