- Apprentice Lawyer
The RGNUL Student Research Review (RSRR) Journal (formerly RGNUL Student Law Review) is a bi-annual, student run, blind peer reviewed journal based at Rajiv Gandhi National University of Law, Punjab. It is the flagship journal of RGNUL managed by the students of the University. It was founded with the objective of facilitating novel ideas and a research conducive environment.
RSRR consistently publishes dedicated Blog Series on niche and contemporary legal issues. RSRR regularly engages the student community, as well as legal practitioners, to contribute to the legal discourse on various topics. The RSRR Blog Series was also named one of the top 35 Constitutional Law Blogs by Feedspot.
ABOUT ARGUS PARTNERS
Argus Partners (Solicitors & Advocates) is an established law firm which has made a mark for itself in the field of corporate law through its core principles of integrity, quality and respect. The professionals of the Firm are business lawyers, who understand business and financial issues that help in identifying real risks and providing practical legal solutions to drive the growth of the clients’ business.
CALL FOR BLOGS
The legal governance of corporate bodies has dynamically evolved, from being stringent to giving them the liberty to expand globally. However, such liberty is justifiably curtailed by strategic regulations to safeguard the social and natural environment. Government agencies, through mandatory regulations and at times through voluntary guidelines, seek to control and guide corporate entities in the market.
The Board of Directors have a heavy responsibility of spearheading a company towards its objectives. Thus, their careful composition becomes a vital process to uphold the pillars of transparency, accountability, and security. The mandatory quota of independent directors to the composition is a step in the right direction, to ensure that the shareholders’ interests are protected.
Emphasis has been placed on making board rooms more inclusive of diverse voices, regardless of gender or sexual orientation. Societal impetus is shifting towards driving out the archaic patriarchal norms. The law now mandates the inclusion of an independent female director and has been successful in its implementation, but its effectiveness is yet to be tested. The number of female members has been considered too low to make an impact and the issue of “tokenism” in the appointment process has created controversy. Furthermore, the inclusion of LGBTQ community has been sought by activists, but its culmination into reality would seek active effort on the part of governance.
The pandemic has impacted the corporate sphere at multiple levels. The moral fibre of corporations has also been put to test during these challenging times. With businesses barely surviving, can they be expected to fulfil their ethical obligations? With social distancing being implemented, annual general meetings have taken a shift to the virtual world and there is a possibility that this might become a trend in the coming future.
The issue of Corporate Sustainability has gained significant traction due to the rising concerns over a company’s economic, environmental and social impact. The traditional profit-making approach has seen a shift to long-term economic value creation in line with sustainable development goals.
Corporate Social Responsibility is gradually merging with the objective of sustainability. Sustainable financial growth aiming towards a low-carbon economy is the desired goal, but the process to achieve it is to be analysed critically.
With this series on the theme of Corporate Governance, RSRR in collaboration with Argus Partners (Solicitors and Advocates), seeks to promote discourse on this cardinal topic that impacts the corporate sector in India. Our aim is to provide a platform to critically analyse the legal and regulatory policies issued to govern corporate bodies and to deduce possible solutions to overcome cumbersome loopholes.
We invite submissions from students and legal academicians to add to the discussion.
All the submissions must be made through the Google Form. Any submission made via any other mode than the one suggested or even via mail shall not be considered.
The last date for submissions for this Series is 25th April, 2021.
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