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CBI arrests Standard Chartered bank official red-handed for accepting bribe from borrower
The Central Bureau of Investigation (CBI) has arrested an officer of Standard Chartered Bank, Chennai, in a case of demanding and...
Mar 12, 20212 min read


Bank strike on March 15-16 March 2021
The two-day long bank strike has been called by the United Forum of Bank Unions (UFBU). The UFBU comprises nine main bank unions -- All...
Mar 12, 20211 min read


Borrowers of written-off loans are liable for repayment as the process of recovery of dues continues
Borrowers of written-off loans continue to be liable for repayment and the process of recovery of dues from the borrower in written-off...
Mar 12, 20211 min read


Supreme Court calls for the legislative clarity on validity of ipso facto contractual clauses in IBC
The Apex Court has observed that the desirability of Parliament providing its legislative voice on the broader validity of ipso facto...
Mar 10, 20212 min read


Supreme Court winds up Limitation extension, Period of 15.3.2020-14.3.2021 excluded from Limitation
The Supreme Court on Monday concluded the extension of the limitation period for filing of cases granted by the Court in March last year...
Mar 9, 20212 min read


Government now shortlists four state-run banks for privatisation
Government has now shortlisted four mid-sized state-run banks for privatisation. Shortlisted four banks are Bank of Maharashtra, Bank of...
Mar 8, 20211 min read


IBBI announces Seminar on the occasion of International Women's Day
All are invited to join (virtually) the Seminar. The seminar can be viewed online at this link. For any further...
Mar 6, 20211 min read


Regular physical hearing of cases to be resumed in all NCLT Benches from 1 March, 2021
All NCLT Benches shall start regular Physical hearing w.e.f. 1.03.2021. In case any counsel/ representative of party expresses difficulty...
Feb 24, 20211 min read


IBC doesn't empower Adjudicating Authority to examine financial statements annexed with application
Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 empowers the Adjudicating Authority to...
Feb 22, 20211 min read


IBBI organises training on insolvency for Indian Economic Service Officers
IBBI organised a one-week training programme for 2019 batch of 30 Indian Economic Service (IES) officers from 15th to 19th February,...
Feb 22, 20211 min read
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