Latest from Banking & Finance laws

Jurisdiction of Civil Court in Civil Suits Filed by Borrowers Against Lender ...

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The present reference arises from a question mark over the legal right of the borrower to initiate proceedings before a Civil Court against the bank or financial institution, which seeks to rec...

Extra Commercial Borrowing In India

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India is one of the world's largest economies, ranking fifth after the United States, China, Japan and Germany. In recent years, India has been experiencing a surge in commercial borrowing am...

Case Analysis: Kotak Mahindra Bank Limited v/s Girnar Corrugators Pvt. Ltd

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Citation: 2023 SCC OnLine SC 15 The Supreme Court observed that the dues under the Micro, Small, and Medium Enterprises Development Act, 2006 would not prevail over the SARFAESI Act. The sig...

Structure And Role Of The Central Bank: Monetary Policy Tools

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A central bank, sometimes known as a monetary authority or a reserve bank, is an organisation that regulates the production of currency in an economy, as well as the interest rate and exchange ...

The Law on Negotiable Instruments in India: Summarized

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Negotiable Instruments (NI) The Law of Negotiable Instrument is regulated by The Negotiable Instruments Act ( Hereinafter referred to as NI Act ) 1881, subject to s.31 and 32 of RBI Act. The ...

How The Supreme Court Upheld The Foreign Contribution (Regulation) Amendment ...

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The Supreme Court bench comprising Justices AM Khanwilkar, Dinesh Maheshwari and CT Ravikumar delivered the verdict in Noel Harper and Ors. v. Union of India (W.P. (C) No. 566/2021) with other ...

G.D. Apte And Co. Chartered Accountants Not Eligible To Empanel As Forensic A...

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The Banks shall have its own eligibility criteria for empanelment of Forensic Auditors. Following is one of the important eligibility criteria for empanelment of Forensic Auditors which Bank...

Social Stock Exchange

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In the order to realise the effect and plannings of Hon'ble Finance Minister 's goal of inclusive growth and in a sustainable way in the budget speech of 2019-20 by harnessing the powers of the...

Insolvency and Bankruptcy Code, 2016: Vision 2025

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Introduction and Objectives The Insolvency and Bankruptcy Code, 2016 (Code) was enacted by the legislature as a key mechanism for addressing the companies/ partnership firms/ individuals (Corp...

Analysis On CIRP In India During Pandemic

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The introduction of Insolvency and Bankruptcy Code, 2016 brought a drastic trade within the Indian insolvency regime. Just like in some other international locations in the World, the surprisin...