Accountancy
It's a matter of agreement
K. R. Chandratre, citing a host of international cases, throws light on anomalous resolutions under the Companies Act.
Editorial
Harking back to controls?
WHEN IT COMES to competition, more is always better. Viewed thus, a reduction in the number of existing players that a merger necessarily involves, may even be potentially injurious to consumer interests. But imposing fetters on corporate mergers, by way
of prior notification and statutory approval, may be a cure that is worse than the disease. An assessment of the potential impact on competition is bound to be highly subjective and, thus, provides room for discretionary exercise of such power.
Miscellaneous
Dairy in Maneka's backyard?
IT IS another one of those ironies. Only recently did Ms. Maneka Gandhi create ripples with her diatribe against, of all things, milk _ the most venerated of white colloids, and widely considered the ultimate provider of health and fitness.
Finding your voice at work
IN JUNE 1998, the International Labour Conference adopted the ILO Declaration on Fundamental Principles and Rights at Work and its Follow-up, one of the stipulations of which was that ``all Members, even if they have not ratified the Conven
tions in question, have an obligation arising from the very fact of membership in the (ILO), to respect, promote and realise, in good faith and in accordance with the (ILO) Constitution, the principles concerning the fundamental right
s which are the subject of those Conventions, namely: (a) freedom of association and the effective recognition of the right to collective bargaining; (b) the elimination of all forms of forced or compulsory labour; (c) the effective abolition of chil
d labour; and (d) the elimination of discrimination in respect of employment and occupation''.
Restoring trust in statistics
Econometric model-building and statistical inference will be fruitless if the basic data are faulty or inaccurate or unreliable. That is why attention must be paid to data collection in all its dimensions. The National Statistical Commission can play a p
art in this crucial task of restoring trust in statistics, says C. Rangarajan.
Welcome to the dotcom party!
PARANJOY Guha Thakurta, the presenter of India Talks on CNBC, is one of the miracles of the satellite television revolution. He stands every established tenet of television-show anchoring on its head. His questions are long-winded and his summation of hi
s guests' views is even more so. (I have once seen him try to summarise Justice
Politics
Fiji Indians pay the price for their folly
AGAIN A democratically-elected government in Fiji has been booted out, a few days after the 121st anniversary (May 14) of the landing of the first Indian indentured labour on this South Pacific island-nation. Unlike the first coup on May 14, 1987, the da
y was deferred by a week but carried out much the same way Sitiveni Rabuka did it.
