Page 2 - Somasekhar Sundaresan

Much to thank Kejriwal and Baijal for

When a vague and open veto power resides with an external authority, the effectiveness of its usage lies in the absence of confrontation. Only a litigious battle can put these arrangements to rest

Why we must show restraint

Does holding elections alone constitute democracy? Or is there a crying need for deeper structural reform?

Need safeguards against 'state' violence

Fairness in regulatory trials might be some way off in a society that makes movies on "encounters" and has wide following of gurus who philosophise abject violence

Needed: A good settlement mechanism

One area that needs more attention is the dichotomy between the principle that the strength of the defence is irrelevant and the consideration of major and minor character of the violation alleged

Crisis that will hurt bank resolution law

Without serious confidence building measures being taken, and articulated well to the common man, the environment appears ominous

All that is needed is political courage to clean up PSBs' governance

It is important to take a close and hard look at how to clean up poor and ineffective governance of public sector banks

Don't waste the bank scam crisis

Think out of the box and bring in serious changes in the governance of public sector banks

Undeclared Emergency: We are like that only

Voices for and against argument that there is an undeclared Emergency gets shriller every year

Somasekhar Sundaresan: Where the judiciary can intervene

India has a robust culture of constitutional review by the higher judiciary

Somasekhar Sundaresan: Structural changes the govt should enforce

If note ban can be defended, so can reform in justice delivery system and in role of regulators

Somasekhar Sundaresan: Near-term change, long-term effects

How a few legal and regulatory areas fare in 2017 could hold key for larger reform beyond this year

Somasekhar Sundaresan: Where smooth governance is masked failure

Falling in line without an attempt to stand up for principle within the framework of law is a trait of obedient regimes

Somasekhar Sundaresan: Failure to read the difference

Often, when laws are made in India, the merits of the objective sought to be achieved from them are conflated and projected as the legitimately anticipated outcome

Somasekhar Sundaresan: A society can't be served by intention alone

That the demonetisation measure needed utmost secrecy because of its stated objective is a given. However, a prior study of execution capacity would have been vital

Somasekhar Sundaresan: Lofty ideals don't justify faux measures

Regulators often overstate the seriousness of the work they do to defend every measure adopted in regulations, however flawed

Somasekhar Sundaresan: Subversion of law in law-making

The abuse of law in the very making of law may sound deeply ironical. Yet, it is surprisingly common

Non-compete fee: The debate goes on

While Sebi is considering whether to allow promoters to charge non-compete fee in merger schemes, experts are divided over the practice

Somasekhar Sundaresan: Nobel prizes, peace and plebiscite

One must consult the public when making law but law-making cannot be left to the masses

Somasekhar Sundaresan: Need to change approach to legislation

Enhancing powers without investment in capacity building to administer the powers leads to fall of the majesty of law

Somasekhar Sundaresan: Contrary reading of law by regulator

An informal guidance letter issued by Sebi to a listed commercial bank will put the regulator in a unique position - of holding a view that violative insider trading can take place even when the perso