Declaring CoC being in order with aid of OCs, despite absence of sole FC, is a serious contravention
![](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
![Declaring CoC being in order with aid of OCs, despite absence of sole FC, is a serious contravention](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
![Civil Court has jurisdiction to try a suit filed by a borrower against a bank/ financial institution](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Nov 14, 2022
- 4 min
Civil Court has jurisdiction to try a suit filed by a borrower against a bank/ financial institution
![](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_235,h_235,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
![RBI announces Premature redemption price for Sovereign Gold Bond Scheme (SGB 2016-17 Series III)](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
- Nov 12, 2022
- 1 min
RBI announces Premature redemption price for Sovereign Gold Bond Scheme (SGB 2016-17 Series III)
![](https://static.wixstatic.com/media/d515a3_cbb515302d0e408fbbeb2a62a1c968fa~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_cbb515302d0e408fbbeb2a62a1c968fa~mv2.webp)
![Bombay High Court dismisses Chanda Kochhar’s plea against ICICI Bank](https://static.wixstatic.com/media/d515a3_cbb515302d0e408fbbeb2a62a1c968fa~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_cbb515302d0e408fbbeb2a62a1c968fa~mv2.webp)
- Nov 12, 2022
- 2 min
Bombay High Court dismisses Chanda Kochhar’s plea against ICICI Bank
![](https://static.wixstatic.com/media/d515a3_26a5457421ed479fb0c23a5a4e93ac4e~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_26a5457421ed479fb0c23a5a4e93ac4e~mv2.webp)
![RBI cancels the licence of Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra](https://static.wixstatic.com/media/d515a3_26a5457421ed479fb0c23a5a4e93ac4e~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_26a5457421ed479fb0c23a5a4e93ac4e~mv2.webp)
- Nov 12, 2022
- 2 min
RBI cancels the licence of Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra
![](https://static.wixstatic.com/media/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.webp)
![HC reversed the order of acquittal as accused failed to raise defence to rebut statutory presumption](https://static.wixstatic.com/media/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.jpg/v1/fill/w_209,h_183,fp_0.50_0.50,q_90,enc_auto/d515a3_b79ee9cc47c64a6787159b8f94b7afbb~mv2.webp)
- Nov 11, 2022
- 8 min
HC reversed the order of acquittal as accused failed to raise defence to rebut statutory presumption
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Invocation of Rule 11 of the NCLAT Rules, 2016 cannot be pressed only to replace the IRP](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Nov 10, 2022
- 2 min
Invocation of Rule 11 of the NCLAT Rules, 2016 cannot be pressed only to replace the IRP
![Proceeding in good faith in a forum which is unable to entertain for like nature may save limitation](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Nov 10, 2022
- 5 min
Proceeding in good faith in a forum which is unable to entertain for like nature may save limitation
![](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
![An interim moratorium for one of the guarantors would not ipso facto apply against a co-guarantor](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
- Nov 9, 2022
- 10 min
An interim moratorium for one of the guarantors would not ipso facto apply against a co-guarantor
![](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
![IBBI rescinds a few circulars issued under section 196 of IBC with immediate effect](https://static.wixstatic.com/media/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_cb1ce2dbbcee494a9bcb5c3bb1542b9c~mv2.webp)
- Nov 9, 2022
- 1 min
IBBI rescinds a few circulars issued under section 196 of IBC with immediate effect