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Upholding Judicial Integrity: Lawyers Unite Against Attempts to Undermine Judiciary
In a dramatic turn of events, a coalition of legal luminaries, spearheaded by the likes of eminent lawyer Harish Salve and Bar Council of...
Mar 28, 20242 min read


Statutory Arbitration Conducted By The Facilitation Council Under the MSME Development Act Cannot Supersede The Arbitration Agreement
The Calcutta High Court held that the Statutory Arbitration Conducted By The Facilitation Council Under the MSMED Act Cannot Supersede...
Mar 28, 20242 min read


Understanding and Leveraging the Recent RBI Guidelines for Credit Card Billing Cycle Adjustments
In the realm of personal finance, few things are as crucial as managing credit card payments effectively. Late payments not only attract...
Mar 24, 20243 min read


Arvind Panagariya Urges Inclusion of Bank Privatisation in Modi 3.0 Agenda
Dr. Arvind Panagariya, Chairman of India's 16th Finance Commission and former Vice Chairman of NITI Aayog, expressed support for the...
Mar 23, 20242 min read


MSME Council does not have the power to adjudicate the challenges to the maintainability of a reference at the conciliation stage
The Single-judge bench of the Orissa High Court held that the MSME Facilitation Council does not have the power to adjudicate the...
Mar 23, 20242 min read


Third-Party Cannot Be Held Liable Under A Contract Unless They Are A Direct Party To It
The NCLAT Held that the third party cannot be held liable under a contract unless they are a direct party to it. The National Company Law...
Mar 23, 20243 min read


Bank is Entitled to Proceed under the SARFAESI Act for the Recovery of Loan, as the Liability of the Guarantor is Joint and Several with the Principal Debtor
The Supreme Court held that the bank is entitled to proceed under the SARFAESI Act for recovery of the loan, as the liability of the...
Mar 22, 20242 min read


MoU and Ledger Statements of the Corporate Debtor are Insufficient Proof to Accept the Claim as a Financial Debt
The National Company Law Appellate Tribunal (NCLAT), Principal Bench comprising Justice Ashok Bhushan (Chairperson) and Arun Baroka...
Mar 21, 20242 min read


Writ Petition before the High Court challenging a sale notice issued by a secured creditor under the SARFAESI Act is not maintainable
The Supreme Court bench comprising Justices Dipankar Datta and Manoj Mishra held that a writ petition challenging a sale notice issued by...
Mar 21, 20242 min read


Government Considering Amendments to SARFAESI and DRT Laws, Proposing Legal Validity for E-Notices
The Finance Ministry conducted thorough discussions with senior bank officials and Debts Recovery Tribunals (DRTs) to improve the...
Mar 20, 20242 min read
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