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