RBI debars Chartered Accountant firm from undertaking any audit assignment for a period of two years
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![RBI debars Chartered Accountant firm from undertaking any audit assignment for a period of two years](https://static.wixstatic.com/media/d515a3_d0d95d1031b341c59244ae2f761846e4~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_d0d95d1031b341c59244ae2f761846e4~mv2.webp)
The Reserve Bank of India (RBI) in the exercise of the powers vested under section 45MAA of the Reserve Bank of India Act, 1934, has, by...
![NCLT Kolkata Bench admits the Application of the RBI against the SIFL for initiation of CIRP](https://static.wixstatic.com/media/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_a4cc1dadab204f4da7594f30e701c073~mv2.webp)
- Oct 12, 2021
- 1 min
NCLT Kolkata Bench admits the Application of the RBI against the SIFL for initiation of CIRP
The National Company Law Tribunal, Kolkata Bench on 8th October 2021 admitted the Application of the Reserve Bank of India (RBI) against...
![Ministry of Corporate Affairs reconstitutes NCLT Benches](https://static.wixstatic.com/media/d515a3_a872a39bccd54559a4f61af9d47a8a4b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_a872a39bccd54559a4f61af9d47a8a4b~mv2.webp)
- Oct 12, 2021
- 1 min
Ministry of Corporate Affairs reconstitutes NCLT Benches
Ministry of Corporate Affairs referred to its office order no. 1013612016- NCLT dated 10.10.2021 & Ministry of Corporate Affairs order...
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![Matters listed on 20.10.2021 to 22.10.2021 in the Court-II, NCLAT New Delhi will not be taken up](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)
- Oct 12, 2021
- 1 min
Matters listed on 20.10.2021 to 22.10.2021 in the Court-II, NCLAT New Delhi will not be taken up
National Company Law Appellate Tribunal (NCLAT), New Delhi informed that the matters listed on 20.10.2021, 21.10.2021 and 22.10.2021 in...
![RBI files applications for initiation of CIRP against the Srei Group's two companies under IBC 2016](https://static.wixstatic.com/media/d515a3_2afac79ee0074f648e9435340a399d7f~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_2afac79ee0074f648e9435340a399d7f~mv2.webp)
- Oct 10, 2021
- 2 min
RBI files applications for initiation of CIRP against the Srei Group's two companies under IBC 2016
The Reserve Bank of India (RBI) on Friday has filed applications for initiation of corporate insolvency resolution process against Srei...
![RBI extends facility of priority sector lending-banks lending to NBFCs for on-lending till 31-3-2021](https://static.wixstatic.com/media/d515a3_932ae329986e4bc195ee05fb4e2cff25~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_932ae329986e4bc195ee05fb4e2cff25~mv2.webp)
- Oct 8, 2021
- 1 min
RBI extends facility of priority sector lending-banks lending to NBFCs for on-lending till 31-3-2021
The Reserve Bank of India (RBI) extended the facility of Priority Sector Lending - Banks’ lending to NBFCs for on-lending wherein the...
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![The presumption under Section 139 of N.I. Act 1881 shifts the burden on the accused](https://static.wixstatic.com/media/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.webp)
- Oct 8, 2021
- 2 min
The presumption under Section 139 of N.I. Act 1881 shifts the burden on the accused
Section 139 of the Negotiable Instruments Act, 1881 raises the presumption “unless the contrary is proved”. Once the complainant...
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![The Paytm Payments Bank Ltd. has been included in the Second Schedule of the RBI Act, 1934](https://static.wixstatic.com/media/d515a3_7ac2b663af48485c992132091052c5e4~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_7ac2b663af48485c992132091052c5e4~mv2.webp)
- Oct 8, 2021
- 1 min
The Paytm Payments Bank Ltd. has been included in the Second Schedule of the RBI Act, 1934
The "Paytm Payments Bank Limited” has now been included in the Second Schedule of the Reserve Bank of India Act, 1934 vide notification...
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![RBI's Statement on Developmental and Regulatory Policies](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)
- Oct 8, 2021
- 5 min
RBI's Statement on Developmental and Regulatory Policies
The Reserve Bank of India's (RBI) Statement sets out various developmental and regulatory policy measures relating to: (i) liquidity...
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![Never-ending trouble: Bombay High Court dismisses plea of SREI Group](https://static.wixstatic.com/media/d515a3_5c652e849d8340a28faa1b47e6581ce4~mv2.jpg/v1/fill/w_209,h_183,fp_0.50_0.50,q_90,enc_auto/d515a3_5c652e849d8340a28faa1b47e6581ce4~mv2.webp)
- Oct 8, 2021
- 2 min
Never-ending trouble: Bombay High Court dismisses plea of SREI Group
Bombay High Court on 7 October excused SREI Group's application against Reserve Bank of India's (RBI) activity on SREI Infrastructure...
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