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Exploring the Role of AI as an Independent Director: Legal Implications and Foreseeable Consequences
[ Ananya Tripathi & Atharva Shukla are 4th year law students at Maharashtra National Law University, Nagpur] Introduction In the present era, Artificial Intelligence (‘ AI ’) has made a remarkable presence in every sphere of human life. Even in the corporate world, businesses are utilizing numerous ways to reap its benefits. The introduction of AI into the corporate boardroom has become a modern phenomenon worldwide . For instance, corporations outside India have developed A

The Competition and Commercial Law Review
Jan 217 min read


Can Subsidiary Contracts Displace a Foreign Seat? Analysing the Supreme Court’s Ruling in Balaji Steel
[Prabhas Kumar is a first-year law student at Gujarat National Law University, Gandhinagar and Surya Prakash is a second-year law student at National Law University Odisha] Introduction In the recent past, commercial disputes before Indian courts have increasingly reflected a different kind of difficulty . In matters where the principal agreement already includes a seat outside India, supplemental arrangements are often riddled with separate dispute resolution provisions

The Competition and Commercial Law Review
Dec 29, 20256 min read


The Need for A Business Judgement Rule in India: But Which One?
( Viraj Thakur is a third-year law student at the National Law School of India University. ) Introduction India currently lacks a defined business judgment rule (“ BJR ”). The BJR refers to the rule that shields directorial decision-making from derivative litigation (pp. 332). As Rahul Singh has argued, the lack of a BJR leads to avoidable transaction and judicial costs, disincentivising legitimate risk-taking (pp. 331). Numerous pieces have advocated for the codification o

The Competition and Commercial Law Review
Dec 15, 20256 min read


Mandatory Admission of Section 7 Application: A Step in the Wrong Direction?
(Tejbeer Singh and Ryan Bang are fourth-year students at National Law Institute University, Bhopal) Introduction The Parliament has recently proposed an amendment to the Insolvency and Bankruptcy Code, 2016 ( IBC ) through its Insolvency and Bankruptcy (Amendment) Bill, 2025 . Clause 4 of the Bill aims to make sure that all the applications filed by financial creditors to start the Corporate Insolvency Resolution Process ( CIRP ) must be mandatorily admitted. This was done by

The Competition and Commercial Law Review
Dec 13, 20256 min read


A Whiff of India’s First Olfactory Trademark
[Agastya Shukla is a Fifth Year law student at Panjab University, Chandigarh] Introduction On 21 November 2025 , the Trade Marks Registry (Registry) , India accepted the first Indian application for an olfactory trademark. The Controller General of Patents, Designs and Trade Marks, directed that application No. 5860303 filed by Sumitomo Rubber Industries Ltd. (Sumitomo), for a “floral fragrance/smell reminiscent of roses as applied to tyres” in Class 12, be advertised in t

The Competition and Commercial Law Review
Dec 10, 20256 min read
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