Latest from Banking & Finance laws

Prevention of Money Laundering Act 2002: SC verdict upheld the Constitutional...

Titile

The purpose of the Act is to prevent money laundering and to confiscate the property derived from the same. Directorate of Enforcement is the agency which enforces the provisions of the act and...

Sarfaesi Act: An Overview

Titile

The financial Assets for Indias effort to achieve success rapidly developing its economy. But slow pace of recovery of defaulting loans and escalating levels of Non-Performing Assets of the ban...

Regulatory Obstacles To Hostile Takeovers

Titile

What Are Regulatory Obstacles?An international acquirer no longer faces any inconvenient hindrances to execute a hostile takeover of an Indian organization under India's current administrative ...

Takeover Defence Strategies

Titile

What Is Takeover Defence? Takeover defences incorporate all activities by directors to oppose having their firms acquired. Endeavours by target managers to overcome extraordinary takeover prop...

Hostile Takeover in India

Titile

What Is Hostile Takeover?Hostile takeover in its fundamental quintessence implies a takeover which conflicts with the desires of the objective organization's administration and directorate. It ...

Recent Developments In The Insolvency And Bankruptcy Laws In India

Titile

This article analyses the recent developments in the Insolvency and bankruptcy laws in India. This article explains the emerging developments to the Insolvency and Bankruptcy Code, 2016 with th...

Guarantor's Right To Subrogation Under The Insolvency And Bankruptcy Code, 2016

Titile

In a recent judgment dated June 27, 2022 in Orbit Towers Pvt. ltd against Sampurna Suppliers Pvt. Ltd.[1], the NCLT Kolkata decided that a Corporate Guarantor is entitled to initiate insolvency...

Vidarbha Industries Power Limited v/s Axis Bank Limited

Titile

The Insolvency and Bankruptcy Code 2016 ("Code") was enacted at a time when there was no unified law dealing with insolvency and bankruptcy in India. A careful reading of the Code's p...

An Analysis Of The Concept Of Look-Out Circulars

Titile

The concept of Look-out circulars might be relatively new to Indian jurisprudence, however the rationale behind it is of yore, and has been well-established as to how kingdoms and republics wou...

Case Analysis: Craythorne v/s Swineburne

Titile

Contract of guarantee is defined in Section 126 of the Indian Contract Act. It explains a guarantee contract as a contract to execute a promise or relieve the responsibility of a third party in...