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Society of Indian Law Firms (SILF) along with CII National Task Force inaugurated November-December as a Legal Services Month in the presence of Hon’ble Union Minister of State for External Affairs and Culture, Meenakshi Lekhi, and Hon’ble Justice Shri Rajesh Kumar Agrawal, Former Judge, Supreme Court of India and the present President of National Consumer Disputes Redressal Commission.
She also highlighted that India has encouraged global initiatives like the International Solar Alliance and the Coalition for Disaster Resilient Infrastructure. Five years ago, global leaders took a pledge to limit the global temperature rise by gradually reducing dependence on fossil fuels. India is committed to reducing the carbon intensity of its GDP by 33-35%, increase the share of non-fossil fuel energy sources in power generation capacity to at least 40% and create an additional carbon sink of 2.5 to 3 billion tons of CO2 equivalent by 2030.
Apart from the focus on energy, India has also put sustainability at the center of its developmental goals in various other sectors. “Despite our development challenges, we have taken many bold steps on clean energy, energy efficiency, afforestation and bio-diversity. India’s focus is also on cutting the energy consumption and efficient management of energy produced,” she added.
Several crucial topics including legal issues revolving around the pandemic challenges and beyond, will be discussed over a series of panel discussions throughout the month. Few of the suggested themes are Responsibilities and Liabilities of Independent Directors, Competition Law, Corporate Social Responsibility, Dispute Solution / Alternative Dispute Resolution, Session on Consumer Protection and Product Liability, Regulating Cryptocurrency in the New Digital Era, Land Law Reforms.
None of us knew that the trials and tribulations of the market would pale into insignificance next to the fallout from a health crisis that has since shaken the world. Lawyers in India have undergone a tough time, facing one of the hardest periods in their careers. In the face of economic malaise, traditional practice areas have floundered, but the lockdown has meant that the rescue raft of practice areas in times of crisis have been for the main part unresponsive, while the legal system battles with overcoming infrastructural paralysis
The modern market for goods as well as services have undergone drastic transformation. With the emergence of global supply chains, rise in international trade and the rapid development of e-commerce have led to not only plethora of products and services but also renewed delivery systems, options and opportunities for consumers, which has also rendered the consumer vulnerable to new forms of unethical and fraudulent practices and sale of products based on misleading information
It is imperative that compliance officers and legal professionals enhance their efforts to provide strategic insights while continuing to steer legal compliances and fiduciary responsibilities. Legal leads play a crucial oversight role with such challenges given their collective wisdom and experience with regulatory and legal compliances, business continuity and overall business judgment. When we started this platform year ago, our economic engagement was growing. The good news is it is still growing but the fraction of growth has assumed larger proportions.
The LW Bureau is a seasoned mix of legal correspondents, authors and analysts who bring together a very well researched set of articles for your mighty readership. These articles are not necessarily the views of the Bureau itself but prove to be thought provoking and lead to discussions amongst all of us. Have an interesting read through.
Lex Witness Bureau
Lex Witness Bureau
For over 10 years, since its inception in 2009 as a monthly, Lex Witness has become India’s most credible platform for the legal luminaries to opine, comment and share their views. more...
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