Business Law and Corporate Law

This article examines the need for statutory reservation of seats for women in Bar Councils in India. It analyses the current under-representation of women in legal governance structures, the constitutional and policy justifications for affirmative action, and the potential benefits of greater gender diversity for the legal profession and the justice delivery system.

Within this framework, contra trade restrictions act as a critical safeguard against short-term speculative trading by insiders. Crucially, liability under this rule is objective, triggered entirely by the timing and sequencing of trades rather than the actual use of UPSI, to eliminate even the perception of an unfair advantage.

Managing third party confidentiality obligations is a critical issue for vendors in conducting a sale process. There can be severe potential consequences for non-compliance.