AIRLINE INSOLVENCY IN INDIA: LEGAL GAPS IN LESSORS’ RIGHTS AND PASSENGER DATA PROTECTION
INTRODUCTION The airline industry is unpredictable by nature, and financial instability often ends with declaration of insolvency. As airlines are handled with very thin margins of profit, even minor disturbances like a rise in fuel prices, changes in governing regulations or failures in supply changes can cause financial distress.[1] Go First Airlines has recently gone …
THE NATURE OF PROCEDURAL TIMELINES IN ARBITRATION: A STUDY OF SECTION 23(4) OF THE INDIAN ARBITRATION AND CONCILIATION ACT, 1996
Introduction With the changing nature of the world, arbitration has emerged as a preferred mode of dispute resolution because it emphasises expediency, party autonomy, and finality. When facing disputes, many businesses choose arbitration instead of courts, because it’s typically faster, this is an essential aspect when it comes to time-sensitive business matters.