The Mediation Act 2023 receives the assent of the President
The Mediation Act, 2023 received the assent of the President on the 14th of September 2023. It has been published by the Legislative...
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- Aug 4
- 2 min
Even though an alternative statutory remedy exists, High Court can still exercise its jurisdiction
Kerala High Court Single Judge Bench of Justice Gopinath P. held that even though an alternative statutory remedy exists, the Court can...
- Jun 3
- 4 min
'Audi Alteram Partem' in Banking Law Ensures Fairness in Account Classification as Fraud: SC
The Supreme Court Bench comprising CJI. Dr. Dhananjaya Y. Chandrachud and Justice Hima Kohli were hearing miscellaneous appeals...
- May 30
- 1 min
Secured Creditors' Right to Realise Secured Debts have Priority over Other Debts & Government Dues
The Division Bench of the Madras High Court comprising Justices D. Krishnakumar and R. Vijayakumar was hearing a petition and held that...
- May 27
- 1 min
RBI approves the voluntary amalgamation of Maratha Sahakari Bank with The Cosmos Cooperative Bank
The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Maratha Sahakari Bank Ltd., Mumbai, Maharashtra with The Cosmos...
- May 26
- 3 min
₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender: RBI
₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934 primarily to meet the immediate currency...
- May 23
- 2 min
The amount deposited by the auction purchaser cannot be adjusted towards the borrower's pre-deposit
The Supreme Court Division Bench comprising Justices M.R. Shah and B.V. Nagarathna while hearing miscellaneous appeals on the issue of...
- May 22
- 2 min
₹ 2,000 Banknotes Withdrawal: RBI Governor Urges Customers Not to Rush to Banks
In a recent update, RBI Governor Shaktikanta Das addressed the withdrawal of ₹ 2,000 Banknotes, reassuring the public that these notes...
- May 22
- 2 min
₹ 2,000 banknotes exclusively be deposited in respective bank accounts: PIL filed in Delhi HC
In a Public Interest Litigation (PIL) filed by BJP leader and Advocate Ashwini Kumar Upadhyay, the Delhi High Court is presented with a...
- May 20
- 2 min
Controversy Erupts: Central Govt's Ordinance Challenges Supreme Court Ruling on Delhi Admn. Services
In a swift response to the Supreme Court's recent judgement granting legislative and executive power over administrative services in...
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