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Central Banking at Crossroads: Navigating Challenges, Innovation, and the Future
In his keynote address at the RBI@90 High-Level Conference held in New Delhi on October 14, 2024, Governor Shaktikanta Das emphasized the...
Oct 15, 20242 min read


The Reserve Bank (RBI) Proposes Beneficiary Name Verification for RTGS and NEFT Transactions
The Central Bank has proposed a significant enhancement to its Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer...
Oct 11, 20241 min read


Byju’s Allegedly Transferred Funds in Violation of U.S. Bankruptcy Rules
Indian edtech company Byju's, already embroiled in legal and financial difficulties, is now facing fresh allegations of fund transfers in...
Oct 11, 20241 min read


NCLAT Affirms Validity of Co-operative Banks' Debt Assignments to Asset Reconstruction Companies Under SARFAESI Act
NCLAT upheld the validity of the assignment of debt by co-operative banks to asset reconstruction companies under the SARFAESI Act. The...
Sep 25, 20242 min read


A legal representative requires explicit client authorization to withdraw an application; any withdrawal without such authority is invalid
A legal representative required explicit client authorization to withdraw an application; any withdrawal made without such authority was...
Sep 24, 20242 min read


IBBI Announces Results of the 5th National Online Quiz on Insolvency and Bankruptcy Code, 2016
The Insolvency and Bankruptcy Board of India (IBBI) announced the results of the 5th National Online Quiz on the Insolvency and...
Sep 23, 20241 min read


Government Announces Recruitment for Recovery Officers Across Debts Recovery Tribunals in Multiple Locations
The Ministry of Finance, Department of Financial Services, has announced a recruitment drive for the position of Recovery Officer in...
Sep 8, 20241 min read


NCLAT Upholds Replacement of Resolution Professional in Personal Insolvency Proceedings Following IBBI Suspension
The NCLAT upholds the replacement of the Resolution Professional in personal insolvency proceedings following the suspension by the IBBI....
Sep 1, 20242 min read


High Court Dismisses Contempt Petition, Finding No Willful Disobedience in Context of Insolvency and Arbitration Compliance
The High Court dismissed the contempt petition, finding no willful disobedience in the context of compliance with insolvency and...
Aug 31, 20243 min read


Bank Cannot Proceed with SARFAESI Act Enforcement Against Personal Guarantors During Interim Moratorium Under the Insolvency and Bankruptcy Code
NCLAT held that the bank could not proceed with the enforcement of the SARFAESI Act against personal guarantors during the interim...
Aug 29, 20242 min read
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