Headless, defunct, without qualified incumbents, Delhi HC laments the delay in filling DRT vacancies
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![Headless, defunct, without qualified incumbents, Delhi HC laments the delay in filling DRT vacancies](https://static.wixstatic.com/media/d515a3_d3268aabe2f94dc79e983a0073bb54fe~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_d3268aabe2f94dc79e983a0073bb54fe~mv2.webp)
The Delhi High Court recently chastised the Central Government for taking so long to appoint Presiding Officers to Debts Recovery...
![](https://static.wixstatic.com/media/d515a3_17b7f1410f72437f9cae86e4939036fe~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_17b7f1410f72437f9cae86e4939036fe~mv2.webp)
![Aditya Khaitan appeals the NCLT's decision to institute insolvency proceedings against McLeod](https://static.wixstatic.com/media/d515a3_17b7f1410f72437f9cae86e4939036fe~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_17b7f1410f72437f9cae86e4939036fe~mv2.webp)
- Aug 23, 2021
- 2 min
Aditya Khaitan appeals the NCLT's decision to institute insolvency proceedings against McLeod
McLeod Russel India's promoter, Aditya Khaitan, has appealed the National Company Law Tribunal's decision to initiate insolvency...
![Risk-averse banks’ negative impact on MSMEs](https://static.wixstatic.com/media/d515a3_51710e3b1c824f52a74ace06aa6b3944~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_51710e3b1c824f52a74ace06aa6b3944~mv2.webp)
- Aug 20, 2021
- 2 min
Risk-averse banks’ negative impact on MSMEs
The Prime Minister's dream of a $5-trillion Indian economy by 2025 along with effective financial inclusion and sustainable economic...
![New guidelines issued by RBI for lockers in Banks](https://static.wixstatic.com/media/d515a3_e4a5377487fd49e59dd8bcf3f9c4c895~mv2.png/v1/fill/w_209,h_200,fp_0.50_0.50,q_95,enc_auto/d515a3_e4a5377487fd49e59dd8bcf3f9c4c895~mv2.webp)
- Aug 20, 2021
- 2 min
New guidelines issued by RBI for lockers in Banks
The Reserve Bank of India (RBI) instructed banks on Wednesday to keep a branch-by-branch list of vacant lockers, as well as a wait-list,...
![NCLT passes liquidation order against Nirav Modi’s flagship firm Firestar International](https://static.wixstatic.com/media/d515a3_c6a09660729f41bf8c05268eb241f7da~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_c6a09660729f41bf8c05268eb241f7da~mv2.webp)
- Aug 20, 2021
- 2 min
NCLT passes liquidation order against Nirav Modi’s flagship firm Firestar International
The dedicated bankruptcy court has ordered Nirav Modi's main company Firestar International Ltd. to be liquidated, and Shantanu T. Ray...
![Kotak bank launches DIY repayment platform using AI & ML technology](https://static.wixstatic.com/media/d515a3_1c54b0b0aa5349c1be5c391f9a2e7979~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_1c54b0b0aa5349c1be5c391f9a2e7979~mv2.webp)
- Aug 20, 2021
- 2 min
Kotak bank launches DIY repayment platform using AI & ML technology
In a partnership with Creditas Solutions, a fintech firm, private sector lender Kotak Mahindra Bank (KMBL) has created a do-it-yourself...
![IFCI files a complaint with the NCLT against Videocon's debt resolution as oil assets to be included](https://static.wixstatic.com/media/d515a3_fbd1f951315748c3a2d3018f7b2da296~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_fbd1f951315748c3a2d3018f7b2da296~mv2.webp)
- Aug 20, 2021
- 2 min
IFCI files a complaint with the NCLT against Videocon's debt resolution as oil assets to be included
IFCI Ltd., a Videocon lender, has filed a petition with the National Company Law Tribunal to stop the other lenders from selling Videocon...
![Trial or investigation in PMLA cases can’t stay where no coercive simpliciter has been passed: SC](https://static.wixstatic.com/media/d515a3_1a7ec6b22ad24562bdcdc52f7d8b751b~mv2.png/v1/fill/w_209,h_188,fp_0.50_0.50,q_95,enc_auto/d515a3_1a7ec6b22ad24562bdcdc52f7d8b751b~mv2.webp)
- Aug 19, 2021
- 2 min
Trial or investigation in PMLA cases can’t stay where no coercive simpliciter has been passed: SC
The Supreme Court underlined, while hearing a batch of pleas in which an interim order suspending arrest was obtained in Prevention of...
![](https://static.wixstatic.com/media/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_4eaeeae93ab64b5ba201e3cc7b4a02e0~mv2.webp)
![A 'Tenant in Sufferance' Not entitled to any protection of Rent Act against SARFAESI Proceedings: SC](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)
- Aug 19, 2021
- 3 min
A 'Tenant in Sufferance' Not entitled to any protection of Rent Act against SARFAESI Proceedings: SC
The Supreme Court stated that a tenant in suspense is not entitled to any Rent Act protection from SARFAESI actions. A "tenant at...
![RBI allows HDFC Bank to issue new credit cards](https://static.wixstatic.com/media/d515a3_e54ecfdc39ab42569005bf27f3a66691~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_e54ecfdc39ab42569005bf27f3a66691~mv2.webp)
- Aug 19, 2021
- 2 min
RBI allows HDFC Bank to issue new credit cards
According to a source familiar with the situation, the Reserve Bank of India (RBI) has partially eased limitations placed on HDFC Bank in...
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