gfiles magazine

May 22, 2018

Governance : Disquieting Governance


Ihave been contemplating a short article on the disquieting nature of governance for some time. This desire got hastened after media reports sometime back that the I&B Ministry had to withdraw its guidelines on ‘fake news’ at the behest of the Prime Minister’s Officer (PMO. Such reports made me recollect some worrying aspects concerning laws relating to Income Tax, Companies Act and the recently enacted Insolvency and Bankruptcy Code, 2016 (IBC). I will initiate this discussion from the IBC because developments concerning this legislation are clearly indicative of the position that something is basically wrong with lawmaking in the country.


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