TIOL-DDT 2914 · Monday, 22 August 2016 · story 8 of 8

Much Obliged

IT is a practice in Indian Courts for the lawyers to say, "Much obliged, your lordships" after a judgement/order/direction is given by the court. Commenting on this in the National Judicial Academy, Justice Goda Raghuram said, "why does he say this phrase, 'deeply obliged', why should he be obliged of anything; judges are delivering the judgment according to their perception of law and are getting paid for the same."

Economics is a matter of human nature and not a collection of nicely wrapped formulas ready to be applied to the ticklish and tangled problems which beset the country.

Nani Palkhiwala

Until Tomorrow with more DDT

Have a nice day.

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