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Insolvency and Bankruptcy Code Cannot Override PMLA; ED’s Asset Attachment to Remain, Rules NCLAT
The National Company Law Appellate Tribunal (NCLAT) has ruled that the Insolvency and Bankruptcy Code (IBC) cannot override the...
Jul 74 min read
SC Seeks Immediate Repossession of CJI Bungalow from Justice Chandrachud After Extended Stay Beyond Permissible Limit
Supreme Court asks Centre to reclaim official CJI residence from Justice D.Y. Chandrachud, citing overstay beyond permitted...
Jul 62 min read
SC Declines to Quash FIR Against HDFC Bank CEO: Lilavati Trust Alleges Bribery and Fraud in Governance Dispute
SC refuses to quash FIR against HDFC Bank CEO in Lilavati Trust bribery case, citing upcoming July 14 hearing before Bombay High Court....
Jul 53 min read
RBI Bans Pre-Payment Charges for MSEs and Individuals on Floating Rate Loans: A Major Push Towards Fair Lending and Borrower Mobility
In a major reform, the RBI eliminates pre-payment penalties on select floating rate loans for individuals and MSEs, empowering borrowers...
Jul 52 min read
RBI’s Deputy Governor Pushes for Real-Time Credit Reporting and Standardised Borrower IDs to Deepen Trust and Democratise Credit Access
RBI Deputy Governor M. Rajeshwar Rao urged Credit Information Companies to adopt real-time credit data reporting and implement...
Jul 42 min read
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