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International Journal of Legal Developments & Allied Issues
International Journal of Legal Developments & Allied Issues is a Bi-Monthly e-Journal of Law bearing ISSN: 2454-1273. The Journal covers contemporary issues of Law and is not limited to any specific topic or subject.
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Role of Ombudsman in Online banking and recommendation based on future trends in India
This paper discusses the role of the Banking Ombudsman in India’s online banking problems. Fast-paced advancement in digital banking services means that customers today increasingly face unauthorized transactions, technical breakdowns, and delayed services. The Banking Ombudsman Scheme, amended to include complaints regarding online banking, plays a vital role in redressing some of these issues and
Legal Challenges in Regulating AI Technologies: Financial Forecasting, E-Commerce, and Healthcare
The rapid integration of artificial intelligence (AI) into financial forecasting, e-commerce, and healthcare sectors introduces complex legal challenges. This paper examines the legal implications of AI, focusing on data privacy, liability, transparency, and regulatory gaps. Through an analysis of existing literature and case studies, we identify the unique legal concerns in each sector and propose
An Analysis on Rule against Bias: A Much-Needed Concept under the Domain of Natural Justice
Under the realm of natural justice, the “rule against bias” has become a significant principle. It is equally necessary for assuring fair administrative proceeding. It seeks to avoid any kind of improper factors from impacting the decision of judge in a given case. The rule declares that judges shall not possess preconceived views or feelings
Standard-Essential Patents in India: An Analysis of Key Cases
Enforcement and interpretation of Standard-Essential Patents (SEPs) and their terms of licensing have been challenging courts across the globe. SEPs come under the purview of both intellectual property rights and competition law making it challenging for courts. India, with its growing telecommunication industry, has been becoming a battleground for SEP litigation. This paper encapsulates India’s
The Crucial Role of Financial Reporting for SMEs in Nigeria
Financial reporting is critical for accountability and transparency in business organizations, including Small and Medium Enterprises (SMEs). Financial reporting plays a vital role in enhancing the sustainability, financial performance, and credibility of SMEs in Nigeria. Uniform financial reporting standards such as GAAP and IFRS have a significant impact on global business practices. SMEs contribute to
The Effectiveness of Anti-Money Laundering (AML) System in the United Kingdom
“The costs of AML compliance in the UK have been rising disproportionately for over a decade, yet levels of financial crime continue to rise. So, perhaps it is time to think about how effective present anti-money laundering (AML) controls are at an operational level. As such, a difficult but honest question needs to be asked: