Naavi
IICA Qualified Independent Director
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Author Archives: Vijayashankar Na
Cheque In Electronic Form, redefined, Implications on E Banking
Section 6 of the Negotiable Instruments Act 1881 defined the term “Cheque” as follows: A “cheque” is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand. This section was amended … Continue reading
Cheque Cloning Fraud that exposes the weaknesses in the Banking system
While we are frequently discussing the sophisticated Digital Crimes, some times it is the simple crimes that pose a challenge to the system. One example of this is the report that appeared today in TOI about the busting of a … Continue reading
Posted in Cyber Law
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Challenging Arbitration Awards under the new Arbitration Act
One of the important changes that the new Arbitration Act in India (Arbitration and Conciliation Act 1996 as amended in 2015 or ACA 1996/2015) has brought in is in the matters relating to the Finality of Arbitration Awards. Under the … Continue reading
Posted in arbitration, Cyber Law
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Multi Member Arbitration Panels will be the order of the day
One of the aspects of the Arbitration Amendment Act 2015 is on the reference to the “Regime For Costs” under Section 31A of the amended Act. Some of the Judicial professionals have not been happy with the “Model Fee” as … Continue reading
Posted in arbitration, Cyber Law
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Procedural Flexibility in ADR
Alternate Dispute Resolution (ADR) focusses on delivery of justice free from the complexities caused by the age old processes under which “Litigation” system works in our Courts. An attempt to improve the litigation process has always been at the heart … Continue reading
Posted in arbitration, Cyber Law
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Aadhaar Bill introduced in Parliament
Realizing the need to bring legal legitimacy to the Aadhaar scheme and to counter the disruptive behaviour of the opposition parties, the Government has introduced the Aadhaar Bill as a money Bill in the Loksabha. It will therefore not require … Continue reading
Posted in Cyber Law
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