In the past, Indian laws and courts used to be quite cagey about consent settlement. A new chapter has, however, been incorporated in the Code of Criminal Procedure, 1973 in 2006 to facilitate some sort of consent settlement of most kinds of offences, which attract imprisonment of up to seven years. The advantages of this kind of settlement are many in the Indian context. In short, it achieves the public good that there be an end of litigation, Expedit reipublicae ut sit finis litium.

Not a perfect formula

Business Standard

The move has extended the perimeter of regulation to assume jurisdiction over: (a) pooled funds beyond venture capital funds, mutual funds (MFs) and collective investment schemes (CISs), and (b) market (listing and trading) for units issued by such pooled funds, hitherto unregulated.

M S Sahoo

M S Sahoo

Page 3 - M S Sahoo

Not a perfect formula

Regulating the market for Units of Alternative Investment Funds