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Bombay HC stays Centre's Notification limiting jurisdiction of cases above Rs 100 Crores to 3 DRTs
Bombay High stays the Centre's Notification limiting the jurisdiction of cases above Rs. 100 Crores to 3 Debts Recovery Tribunals. The...
Nov 20, 20222 min read


RBI assigns Lead Bank responsibility for the formation of new districts in the state of Nagaland
The Government of Nagaland has notified the formation of four new districts in the state of Nagaland vide Gazette Notifications No....
Nov 19, 20221 min read


Seller is bound to disclose any material defect in the property of which the buyer is not aware
The Supreme Court held that the seller is bound to disclose to the buyer any material defect in the property of which the buyer is not...
Nov 19, 20223 min read


Reserve Bank of India Governor meets Public and Private Sector Banks' MDs and CEOs
The Governor, of the Reserve Bank of India (RBI), held meetings with the MD & CEOs of Public Sector Banks and certain Private Sector...
Nov 17, 20221 min read


NCLAT Delhi finds the non-speaking order of AA is a violation of the principle of natural justice
The NCLAT held that the impugned order was in violation of the principle of natural justice because the impugned order was a non-speaking...
Nov 17, 20222 min read


Shri Vivek Joshi, Secretary, Department of Financial Services, nominated on RBI Central Board
The Central Government has nominated Shri Vivek Joshi, Secretary, Department of Financial Services, Ministry of Finance, Government of...
Nov 16, 20221 min read


Govt asks to close loss-making Public sector companies by filing insolvency application under IBC
India has asked state-owned firms to consider moving the country's insolvency court to shut loss-making units, hoping for speedier...
Nov 15, 20221 min read


RBI announces "Award scheme for writing books originally in Hindi on Economics, Banking & Financial"
Award scheme for writing books originally in Hindi on Economics/Banking/Financial subjects Year 2021-2022 With a view to encouraging...
Nov 15, 20222 min read


Civil Court has jurisdiction to try a suit filed by a borrower against a bank/ financial institution
The Supreme Court held that the Civil Court has jurisdiction to try a suit filed by a borrower against a bank or financial institution....
Nov 14, 20224 min read


Proceeding in good faith in a forum which is unable to entertain for like nature may save limitation
The Supreme Court Bench comprising Justices Indira Banerjee and J.K. Maheshwari was hearing an interesting issue of limitation in an...
Nov 10, 20225 min read
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