On 17th October 2019, the Central government and Ministry of Finance after much deliberation came up with regulations notifying amendments in the provision of section 139, 143 and 144 of Finance Act 2015 of FEMA. It clarifies the power of the Centre concerning RBI in regulating foreign exchange transactions.
General defences are the defences that act as a safeguard or provide an opportunity for the defendant to prove himself innocent for a particular tort that has been committed. General defences have the importance of their own as they helps a person to escape from his liability.
The heinous crime of rape is defined under Section 375 of the Indian Penal Code of 1870. This includes all forms of sexual intercourse without the consent of a woman. However, this section exempts unwilling or forced sexual intercourse by a husband to his wife provided the wife is aged over fifteen years.
The main objective of the act is to make it illegal for a person to produce/cultivate, possess, sell, purchase, transport, store, or consume any of the narcotic and psychotropic substances. This legislation of 1985 has gained significant momentum in 2020 during the lockdown for preventing the spread of COVID-19 in the entire nation.
The global pandemic COVID-19 has brought the world to a halt and similar to the other countries, the nationwide lockdown imposed in India has impacted the business environment due to the suspension of markets and unavailability of workers which lead to certain modifications being made to Insolvency and Bankruptcy Code, 2016.
As the former Chief Justice Of India has rightly said that “Independence of judiciary is not a one-time pill, it’s a state of affairs”. Supreme Court being the highest court of appeal, is the guarantor of fundamental rights of the citizens and guardian of the Constitution.