Latest from Banking & Finance laws

Understanding Section 25 of the Payment and Settlement Systems Act, 2007

Titile

Section 25 of the Payment and Settlement Systems Act, 2007 (PSSA), serves as a pivotal provision in maintaining the integrity and accountability of India's payment systems. It specifically addr...

Debt Recovery Tribunals in India: A Borrower's Perspective

Titile

Debt Recovery Tribunals (DRTs) in India were established under the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act), to expedite the recovery of debts owed to banks and financial institutio...

Legal Rights of Debtors: Understanding Protections Against Harassment by Cred...

Titile

Debt recovery is a vital process within the financial ecosystem, designed to ensure that creditors reclaim their dues while borrowers meet their financial obligations. However, this process can...

Crypto and the Courtroom: Legal Challenges of Blockchain Technology

Titile

Cryptocurrency and blockchain technology have transformed the global financial landscape, offering an innovative way to conduct transactions, store value, and manage contracts. Cryptocurrencies...

Regulation And Facilitation Of Foreign Investments In India's Financial Markets

Titile

The purpose of this paper is to first study the regulation and facilitation process of foreign investments in the Indian market and another one is to examine the importance of foreign investmen...

The Reserve Bank of India (RBI) Master Circular on Wilful Defaulters

Titile

What is a Wilful Default?Wilful default, sometimes referred to as wilful misconduct, occurs when a party in a contract, agreement, or any obligation fails to do what they were supposed to or or...

How Financial Institutions (Creditors) Play a Role in Insolvency Proceedings

Titile

"In insolvency proceedings, financial institutions serve not just as creditors, but as pivotal architects of outcomes—balancing their quest for recovery with the potential for business r...

Legal Complexities: Key Insights into Criminal Procedure, Double Jeopardy, an...

Titile

Negotiable Instruments Rule 339 of the Criminal Rules of Practice provides for the issuance of copies to parties. It stipulates that copies of any por...

Compounding: Your Best Friend in Finance

Titile

Compounding: Your Best Friend in Finance Compounding, often referred to as the "eighth wonder of the world," is a powerful financial tool that can turn small, consistent investments into signi...

Finance Advisory: New Scams, Be aware

Titile

Finance Advisory: Beware of New Scams in India In today's fast-evolving digital landscape, financial scams are becoming increasingly sophisticated, targeting unsuspecting individuals and organ...