Somasekhar Sundaresan

Make tribunals the first court

A draft law to wind up a few tribunals and move their appellate jurisdiction to the high courts is afoot

New regulators: Careful what you wish for

If past experience is anything to go by, creating a new sectoral regulator for a specific industry is more likely to undermine the objective of combating anti-competitive conduct

Don't fear a studious regulator

If regulators had a greater understanding of market realities, universal conventions, global market practices and their implications, the market would benefit from a better appreciation

Forget the uniform, focus on power

The constitutional principle against self-incrimination is a vital and crucial element for society

Celebrities beware: Greater diligence expected

Thanks to the Consumer Protection Act, 2019, which was fully notified earlier this month, endorsers have the responsibility now to check out the veracity of a brand's claims

US ruling must inform disgorgement review in India

There has been intense controversy on the subject with little clarity from the regulator

Framework to waive open offers needed

This is necessary to ensure that the entire activity is within the bounds of fairness and objectivity

Time to reform takeover pricing

Enforcement apart, this is a good time to think about getting some structural reform underway

War-time thinking needed, not therapy

An extraordinary situation requires an extraordinary response from the framework of the law

Will Budget 2020 be populist?

What you will see depends on what you're looking for

Are Indian boards truly effective?

Our approach to board governance has resulted in a sharp focus on structure, that is, form, without commensurate focus on substance, that is, effectiveness

Society gets the law it deserves

Ultimately, the law that gets upheld in a society is typically the law that resonates with it

Mismatch of perceptions leads to abuse

A recent Supreme Court ruling can lead to serious tribunal justice reform

Greed, not fear, will remove Delhi smog

The reliance on perception of fear of the law will not solve this problem

Time to review whistleblower policy

The greater the ambiguity in the law on how one would be treated, the lesser is the ease of doing business

Power to issue directions just grew

This power can be intoxicating. It can give any regulator a serious high

Don't throw the baby with the bathwater

If distrust of those in the assurance business remains high, there will be chaos all around

Two key tasks for Sitharaman

The IBC needs serious reform; competition law requires a review

Time to rethink takeover regulations

When it comes to a listed aviation company, it has the worst of both worlds

Time to revisit incentives for justice system

The abiding faith of the society that the man in uniform would never fake his case is of no value unless there is real disincentive for ruining the lives of accused