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IBBI rescinds a few circulars issued under section 196 of IBC with immediate effect
The Insolvency and Bankruptcy Board of India (IBBI) had issued a few circulars, from time to time, in the exercise of powers under...
Nov 9, 20221 min read
Appellant is not entitled to get benefit of extending limitation on the basis of date of free copy
The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Ashok Bhushan, Chairperson and Barun Mitra,...
Nov 7, 20221 min read
RBI announces premature redemption price for Sovereign Gold Bond (SGB 2017-18 - Series VI)
GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series VI - Issue date November 06, 2017)---Sovereign Gold...
Nov 7, 20221 min read
NCLAT finds the date when cheques were dishonoured is rightly considered as the date of default
The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Ashok Bhushan, Chairperson, Dr. Alok Srivastava...
Nov 7, 20225 min read
High Court while exercising the powers under Article 226, cannot direct the bank to reschedule OTS
The Supreme Court Bench comprising Justices M. R. Shah and Krishna Murari, J. was hearing an Appeal on Friday and held that the High...
Nov 5, 20228 min read
The date on which cheques are dishonoured is correctly considered the date of default: NCLAT Delhi
The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench comprising Justice Ashok Bhushan, Chairperson, Dr. Alok Srivastava...
Nov 3, 20225 min read
RBI launches a pan-India awareness programme through Ombudsman Speak and Ombudsman Talkathon events
The Reserve Bank of India (RBI) has been taking several initiatives to improve customer awareness of extant regulations to protect...
Nov 3, 20221 min read
Central Bank Digital Currency (CBDG), launched today by Reserve Bank of India
Reserve Bank of India (RBI) vide a Press Release dated October 7, 2022, announced that the RBI will soon commence pilot launches of...
Nov 1, 20221 min read
Bank holidays in the month of November 2022
The banks in the month of November 2022 will remain closed for 10 days. In October, banks were closed for 21 days as Navratri, Durga...
Oct 31, 20221 min read
RBI approves amalgamation of Shree Sharada Sahakari Bank with the Cosmos Co-operative Bank, Pune
The Reserve Bank of India (RBI) approved the amalgamation of Shree Sharada Sahakari Bank Ltd., Pune (Maharashtra) with the Cosmos...
Oct 30, 20221 min read
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