Jul 17, 20211 minCrypto law in India unlikely to be debated this month, may take a while before it appearsThe crypto bill in India has not been named as one of the legislative issues to be debated during the Monsoon Session of Parliament,...
Jul 16, 20211 minBanks file petitions before various NCLTs to enforce personal guarantee from defaulting co-promotersSeveral banks have begun petitioning the National Company Law Tribunal (NCLT) to enforce personal guarantees granted by defaulting firms'...
Jul 15, 20213 minPre-Packaged Insolvency Process & bank privatisation are high on the agenda for the Monsoon sessionKey modifications to the Insolvency and Bankruptcy Code (IBC) to ratify the so-called "pre-Packaged" resolution plan for MSMEs and...
Jul 15, 20212 minRBI punishments have begun to move from punitive to punishing in natureThe dull world of monetary fines levied by the Reserve Bank of India (RBI) is rarely in the news. However, in May 2021, the RBI levied a...
Jul 15, 20213 minThe privatisation of India's banks is riddled with difficulties and may be delayedAnalysts predict that India would need to inject extra capital into any state-owned banks it puts on the market to make them appealing to...
Jul 14, 20211 minRBI restricts Mastercards to issue new Debit, Credit or Prepaid Card in India from 22 July 2021The Reserve Bank of India (RBI) has today imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. (Mastercard) from onboarding new...