LawZ Magazine - April 2020

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Kindly keep safe in this ongoing battle that tests our strengths and our moments of weakness.
In this issue, the cover article referred legislation was made to prevent money laundering in India, to provide for confiscation and seizure of property obtained from laundered money and to deal with connected issues.
Recently, in a Judgment of The Deputy Director Vs. Axis Bank dated 2nd April 2019, the Delhi High Court held that a property mortgaged with the Banks giving right to the Bank to enforce the property mortgaged as a security is over-ridden by
the application of the Act.
The position of law is not clear yet, as the Hon’ble Supreme Court of India is still seized of the matters, however, the general view is that the properties of the accused cannot be attached as alternate attachable properties under the Act when the same
are mortgaged to the Bank much prior to the commission of any offense.
The rights of the Journalists / Media for free and fair reporting are on the one hand and national interest of integrity and sovereignty on the other.
It should work for making a balance between the two and for the purpose of preserving freedom of Press, maintaining and improving the standards of the newspapers and news agencies in the Country. It is in this context, the Press Council of India assumes great significance.

LawZ Magazine Description:

LawZ released its first issue in August, 2001. The intent was to create a magazine about the law and the legal field, but with a difference. LawZ is India s first comprehensive monthly law magazine for all.The magazine not only covers events relating to the Indian legal system but also makes an effort in comparing it with the legal systems across the globe.

Instead of being of interest only to lawyers and others involved in the legal profession, the aim was to create something that could be read, understood, and even enjoyed by those who do not have formal knowledge of law. In short, it was to be more than a dry, ponderous collection of articles written in the oft arcane language of the court. Nor was it to focus solely on India, because today no news is complete unless it touches on the world at large.

The magazine reaches to all the judges of the Supreme Court, High Courts, Bar Council of India, Lawyers, Law Colleges and Institutions, top Indian and foreign Law Firms, Indian Corporates and Multinational Companies and Legal departments of government and Semi-government agencies, Corporate houses and several Embassies.

The magazine is presently in its 15th year of publication and is receiving tremendous response and appreciation from all the sections of the society and today is the only legal magazine, which has attained its present status in such a short span of time.

We’ve come a long way since our first issue. Today, it is regarded as a benchmark and a trailblazer in legal journalism.