The Supreme Court restored a decree, holding that cash payments in money lending transactions cannot be denied for lack of bank evidence when supported by a valid promissory note and oral testimony.

NCLAT held that Adjudicating Authorities can grant ex-post facto approval for criminal complaints filed by liquidators against ex-management if necessary to protect the corporate debtor’s assets and connected to prior authorized proceedings.

Bank of Baroda has classified the loan accounts of Reliance Communications and Anil Ambani as fraudulent, citing forensic audit findings of irregularities and suspected fund diversion amid ongoing IBC proceedings and regulatory scrutiny.

P&H High Court holds that failure to execute Section 14 SARFAESI orders within the prescribed timeframe attracts contempt as such powers are ministerial.

Supreme Court affirms that NCLT can examine fraud and gift deed validity in oppression and mismanagement cases, overturning NCLAT’s restrictive interpretation.