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WHY DID UK PM THERESA MAY RESIGN?

wing to several reasons, best known to the people of UK, Theresa May, on May 24, 2019, announced that she’d resign from her office as Prime Minister with effect from June 7, 2019. After such a tremendous career in politics what led her to step back from her position at a time when the UK needed a stable leadership? Team VirtuaLaw made its research to identify five (5) probable reasons which paved way to the end of the political journey of a legendary politician.

THE NEWLY INSERTED SEC. 148 OF THE NI ACT SHALL APPLY RETROSPECTIVELY, RULES SUPREME COURT

In a recent ruling in the case of Surinder Singh Deswal @ Col. S.S.Deswal and others vs. Virender Gandhi, the Supreme Court of India ruled that the amendment to the NI Act by inserting two new sections 143A and 148, is entirely procedural in nature hence no substantive right of appeal of the appellant has been taken away and/or affected.

Applying purposive interpretation, the SC ruled that Section 148 of the NI Act, 1881 shall apply retrospectively for criminal proceedings initiated before 01.09.2019 or thereafter.

THE GREEK DEBT CRISIS – a comical take

A debt crisis is a situation in which a country is unable to pay back its government debt. It is not an over-the-night event which pushes an economy into the traps of debt crisis. A series of events, which at the moment of happening do not seem to endanger economy, lead to a crisis when the economic system fails to take into consideration the risk factors.

The Author penned this article with a wit in his style of writing, to explain how a simple issue got complicated and turned into a Crisis due to the failure of economic system.

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