Chennai:
Reading habits of lawyers have hit a low and advocate
general of Tamil Nadu A L Somayaji feels this has affected the sale of
journals.
Speaking during the release of the 25th
edition of Tannan’s Banking Law and Practice in India, the advocate general
said that reading habits of lawyers have come down and many of his colleagues
are not reading the full judgement delivered by courts.
Stating that it is not in the interest of profession, he
said this new trend has affected sale of law journals, especially with the
volume of labour law journals coming down.
Earlier, presiding over the function to launch the book, Supreme
Court Judge Justice FMI Kalifulla hailed the functioning of Lok Adalat in Tamil
Nadu. He said Lok Adalat has settled 15 lakh cases worth Rs 909 crore. He also
hailed the lauch of the 25th edition of the book.
Acting chief justice Satish K Agnihotri, who also spoke
on the occasion, said that most of the people are getting confused with
terminology while referring to Supreme Court of India. He said the usage of
apex court to describe Supreme Court. “Apex Court can’t be Supreme Court,”
Agnihotri said while adding that most of the judges as well as lawyers are
making the mistake of referring Supreme Court as Apex Court.
chairman of the Intellectual Property Appellate Tribunal
and former Madras High Court judge K N Basha also spoke on the occasion.
Tannan’s Banking Law and Practice in India, which is
available in three volumes has a foreword by Justice P Sadasivam. The book
highlights the current legislative position (including recent amendments introduced
by banking laws (amendment) Act 2012) besides examines new issues or
developments in the banking sector arising from technological developments and
changing financial policy.
N V Srinivasan, the revising editor of the book and
founder of his firm N V S Associates and his son Varun Srinivasan, who also
helped his father in compiling the book, spoke on the occasion.
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