Feb 24, 20211 minRegular physical hearing of cases to be resumed in all NCLT Benches from 1 March, 2021All NCLT Benches shall start regular Physical hearing w.e.f. 1.03.2021. In case any counsel/ representative of party expresses difficulty...
Feb 23, 20211 minInclusion of Fino Payments Bank Ltd. in the Second Schedule of the Reserve Bank of India Act, 1934“Fino Payments Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification...
Feb 22, 20211 minIBC doesn't empower Adjudicating Authority to examine financial statements annexed with applicationRule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 empowers the Adjudicating Authority to...
Feb 16, 20211 minInvestment in NBFCs from FATF non-compliant jurisdictionsThe Financial Action Task Force (FATF) periodically identifies jurisdictions with weak measures to combat money laundering and terrorist...
Feb 16, 20211 minRBI announces Scheduled Banks’ Statement of Position in India as on Friday, 29 January 2021The Reserve Bank of India (RBI) announced the Scheduled Banks’ Statement of Position in India as on Friday, 29 January 2021. Click here...
Feb 16, 20211 minRBI announces constitution of an Expert Committee on Primary (Urban) Cooperative Banksthe Reserve Bank has announced setting up of an Expert Committee on Urban Cooperative Banks to examine the issues and to provide a road...