Posted inLaw

Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961

Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961 A crucial piece of legislation in India designed to: protect bank depositors maintain the stability of the banking system. Purpose: To provide insurance for bank deposits, ensuring that depositors receive their funds even if a bank fails. To instill confidence in the banking system and prevent panic withdrawals during times of financial distress. Originally it also had a Credit Guarantee function, but those functions were separated.   Establishment of DICGC: The…
Posted inCinema Law Media Society

One man one vote – Mandela

I watched Mandela (Tamil) recently on Netflix and it gave a glimpse of the caste politics and violence in Tamil Nadu (a South Indian state). The whole movie is set in a village named “Soorangudi” where the people are divided between two caste lines – North People and South People. The leader of the village – Periya Ayya (means senior leader) is a follower of Periyar and has married two women belonging to the two competing castes of the village.…
Posted inEducation Law

Choosing an optional subject between Human Rights and Law of Insurance

KSLU gives an option to choose between Human Rights Law and Law of Insurance during the 3rd Semester of 3 years LLB course and 8th Semester of 5 years LLB courses. In The Past: Law of Insurance earlier was never an optional subject, but a compulsory paper. Some universities had one paper that had Law of Insurance and Banking Law as a single subject. Human Rights Law on the other hand used to be taught as a part of the…
Posted inEducation Law

Doing LLM in India or abroad

Many students, especially the ones good in studies approach me and ask - (a) if it is a good idea to do LLM after LLB and (b) what are the best places to do LLM. In this article, I will cover two aspects: (1) Purpose of doing an LLM (2) Where to do LLM. Purpose of Doing an LLMLL.M. stands for Legum Magister. It is the post-graduate degree or masters in law. In India, LL.M. is done mostly for the…