tag:blogger.com,1999:blog-3202774368551476669.post1148351407946148418..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: Supreme Court on “Market Abuse”Umakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3202774368551476669.post-3048372563005040272013-05-01T18:06:08.734+05:302013-05-01T18:06:08.734+05:30Thank you Prof Bala...
I believe your comment rel...Thank you Prof Bala...<br /><br />I believe your comment relates to my post titled "Mandatory imprisonment under Companies Bill 2012" dated 29th April 2013 which has been made inadvertently here. Accordingly, I have reproduced your comment under that post and also given my reply there.<br /><br />- Jayant ThakurCA Jayant Thakurhttps://www.blogger.com/profile/06755740172092808729noreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-53020398570091227782013-04-30T19:23:24.516+05:302013-04-30T19:23:24.516+05:30Very interesting post. Glad to note the penal prov...Very interesting post. Glad to note the penal provisions in the Bill, as well as their mandatory nature highlighted. The more we get rid of discretionary power in as many walks of life as we can, the better it is for the dispensation of justice at various stages. Puzzled a bit about the concerns expressed on the severity of provisions. Reminds me of the human rights sympathies for the criminal killers for getting the rights of the victims. Just as an example, consider the alleged frauds in the recent Saradha case and similar others; let's spare a thought for the victims who lost their all, and those who killed themselves. If proved, I think even the most severe punishment will be inadequate for the perpetrators. It need not be Hamurabi's eye for an eye but some thing close enough is perhaps required to deter potential fraudsters.<br />Prof Bala Prof Balahttps://www.blogger.com/profile/01627545461091471552noreply@blogger.com