Mr. Pranav Mahajan - India Legal Manager, BBC Global News India Pvt. Ltd,
recently graced the INLEAD Campus to give INLEADers useful insights on the
various Legal Aspects of Multi-National Corporations.
The session started with Mr. Mahajan speaking about
the many legal stipulations in our country and the loop holes that make some of
those ineffective. He shared some anecdotes from his personal experience as
well as the issues that he faced while working across different organisations.
Mr. Mahajan then progressed towards giving a
complete lowdown of the various acts governing an organization such as
Companies Act, 2013; Labour law (EPF, gratuity,
minimum wages act, contract labour) Act. He also elaborated on the
Intellectual Property laws and laws governing trademark, copyrights and
patents. He gave students a flavour of the Indian constitution and revealed a
startling fact that currently India has approximately 5000 central laws. Till
date, around 3 crore cases are pending in Lower courts and 45 lakhs in High
courts. He also gave real-life examples of the cases involving fraudulent
practices like those in Satyam, Sahara etc. Another interesting fact he
mentioned was the fact that out of every 400 working women, 70 women face some
kind of sexual harassment from their peers or superiors in workplace and for
that he Indian constitution has made it mandatory to have a harassment
committee in all organizations. About this, he cited examples from the Tarun Tejpal case.
All in all he spoke in great length across a
diverse range of legal topics that kept the audience quite engrossed and made
his session an insightful treat for everyone present.
Sahil Sangwan, October 2015, INBM: “The
session was a unique one where we got to know a little more about the
legalities that govern our business.”
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