SPAC- Promising Option for Public Funding From Offshore
BACKGROUND Innovative methods like Special Purpose Acquisition Companies (SPACs) for raising of capital have been around for decades. Since the 1990s, SPACs have existed in the technology, healthcare, logistics, media, retail and telecommunications industries. However, in the recent years, they have become more popular by attracting big names and raising big money through initial public […]
Emergency Arbitration in India
BACKGROUND & INTRODUCTION In the past decade, the concept of emergency arbitration (“Emergency Arbitration”) has brought a new dimension to international commercial arbitration. Various international arbitration institutions like the American Arbitration Association- International Center for Dispute Resolution (“AAA-ICDR”), International Chamber of Commerce (“ICC”), Hong Kong International Arbitration Center (“HKIAC”), etc. have incorporated rules relating to […]
Cryptocurrency
CRYPTOCURRENCY: AN OVERVIEW BACKGROUND Ever since the evolution of virtual currencies (“VCs”) in 1980s, a continuous rise in the popularity and prevalence of the VCs has been seen around the world. Many consider waning trust in governmental institutions, a major cause of ongoing worldwide financial revolution. Cryptocurrency is a kind of VC, which is used […]