Indian Journal for Research in Law and Management

Advancing Law and Management

ISSN No. : 2583-9896

Case Commentary on Kalyani Transco v. M/s Bhushan Power and Steel Ltd. (2025) and its Impact on the Insolvency Resolution Process under the IBC

The insolvency resolution of Bhushan Power and Steel Ltd. (BPSL) has been one of the most closely watched cases under the Insolvency and Bankruptcy Code, 2016 (IBC). What began as a straightforward corporate insolvency resolution process (CIRP) turned into a prolonged legal battle that reached the Supreme Court multiple times. The judgment in [ Kalyani […]

UNRECIPROCATED AFFINAL GIFT-GIVING IN CONTEMPORARY INDIAN MARRIAGES: A SOCIO-CULTURAL ANALYSIS OF THE PERSISTENT UNILATERAL BURDEN ON BRIDE’S FAMILIES AND CALLS FOR EQUITABLE CHANGE

In many North Indian communities, the tradition of unilateral gift-giving from the bride’s family to the groom’s family—often termed laina-daina, shagun, or customary presents—extends well beyond the wedding ceremony into festivals, life-cycle events, and routine occasions. This practice, rooted in hypergamous kinship structures that position bride-givers as structurally subordinate, imposes ongoing financial, emotional, and social […]

UNRECIPROCATED AFFINAL GIFT-GIVING IN CONTEMPORARY INDIAN MARRIAGES: A SOCIO-CULTURAL ANALYSIS OF THE PERSISTENT UNILATERAL BURDEN ON BRIDE’S FAMILIES AND CALLS FOR EQUITABLE CHANGE

In many North Indian communities, the tradition of unilateral gift-giving from the bride’s family to the groom’s family—often termed laina-daina, shagun, or customary presents—extends well beyond the wedding ceremony into festivals, life-cycle events, and routine occasions. This practice, rooted in hypergamous kinship structures that position bride-givers as structurally subordinate, imposes ongoing financial, emotional, and social […]

SIGN TODAY, EXIT TOMORROW: HOW MAC CLAUSES LEAVE INDIAN SELLERS STRANDED

The use of Material Adverse Change (MAC) clauses in India’s mergers and acquisitions deals is paradoxical in nature as it is written to offer protection to the buyer against any post-signing deterioration in the target, while it is being increasingly used as a strategic exit mechanism by the buyers. This paper makes an analysis of […]