NCLAT finds the date when cheques were dishonoured is rightly considered as the date of default
![](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)
![NCLAT finds the date when cheques were dishonoured is rightly considered as the date of default](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)
![High Court while exercising the powers under Article 226, cannot direct the bank to reschedule OTS](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 5, 2022
- 8 min
High Court while exercising the powers under Article 226, cannot direct the bank to reschedule OTS
![](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)
![IRP has to provide all the information pertaining to the CD in his possession & knowledge to the RP](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 4, 2022
- 5 min
IRP has to provide all the information pertaining to the CD in his possession & knowledge to the RP
![](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)
![Provident fund dues are not the assets of the Corporate Debtor and they have to be paid in full](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 4, 2022
- 3 min
Provident fund dues are not the assets of the Corporate Debtor and they have to be paid in full
![](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)
![The date on which cheques are dishonoured is correctly considered the date of default: NCLAT Delhi](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 3, 2022
- 5 min
The date on which cheques are dishonoured is correctly considered the date of default: NCLAT Delhi
![](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)
![NCLAT directs no further steps to be taken to institute criminal prosecution against the Appellant](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 3, 2022
- 3 min
NCLAT directs no further steps to be taken to institute criminal prosecution against the Appellant
![RBI cancels licence of Rupee Co-operative Bank Ltd, Pune to carry on banking business in India](https://static.wixstatic.com/media/d515a3_59695bf3b9854381b28e334b70559dd2~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_59695bf3b9854381b28e334b70559dd2~mv2.webp)
- Nov 3, 2022
- 1 min
RBI cancels licence of Rupee Co-operative Bank Ltd, Pune to carry on banking business in India
![](https://static.wixstatic.com/media/d515a3_b125ce77837d4abdad94e578bc20971c~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_b125ce77837d4abdad94e578bc20971c~mv2.webp)
![RBI launches a pan-India awareness programme through Ombudsman Speak and Ombudsman Talkathon events](https://static.wixstatic.com/media/d515a3_b125ce77837d4abdad94e578bc20971c~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_b125ce77837d4abdad94e578bc20971c~mv2.webp)
- Nov 3, 2022
- 1 min
RBI launches a pan-India awareness programme through Ombudsman Speak and Ombudsman Talkathon events
![](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)
![A Judgment-decree provides a fresh cause of action to move the application under section 7 of IBC](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 2, 2022
- 3 min
A Judgment-decree provides a fresh cause of action to move the application under section 7 of IBC
![](https://static.wixstatic.com/media/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.webp)
![Reserve Bank amends the "Eligibility Criteria for offering Internet Banking Facility by RRBs 2022"](https://static.wixstatic.com/media/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.webp)
- Nov 2, 2022
- 2 min
Reserve Bank amends the "Eligibility Criteria for offering Internet Banking Facility by RRBs 2022"