The Reserve Bank of India (RBI) has imposed, by order dated November 10, 2022, a monetary penalty on the following nine cooperative banks...

The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...

The Supreme Court held that the Civil Court has jurisdiction to try a suit filed by a borrower against a bank or financial institution....

In terms of GOI Notification F.No.4(16) - W&M/2016 dated October 20, 2016 (SGB 2016-17 Series III - Issue date November 17, 2016) on...

In a victory for ICICI Bank, the Bombay High Court ruled that ICICI Bank’s retroactive termination of Kochhar is prima facie ‘valid.’ The...

The Reserve Bank of India (RBI), vide order dated November 09, 2022, has cancelled the licence of Babaji Date Mahila Sahakari Bank...

Calcutta High Court in a recent Judgment noted that it cannot be a probable defence that the complainant has no capacity to pay the money...

The NCLAT, Chennai Bench held that the invocation of Rule 11 of the NCLAT Rules, 2016 cannot be pressed into service, in the teeth of the...

The Supreme Court Bench comprising Justices Indira Banerjee and J.K. Maheshwari was hearing an interesting issue of limitation in an...

Delhi High Court recently held that the interim moratorium under Section 96 of IBC in respect of one of the guarantors would not ipso...