Civil Court has jurisdiction to try a suit filed by a borrower against a bank/ financial institution
![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)
![](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
![](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)
![Appellant is not entitled to get benefit of extending limitation on the basis of date of free copy](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 7, 2022
- 1 min
Appellant is not entitled to get benefit of extending limitation on the basis of date of free copy
![](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)
![Necessary ingredients must be provided by the Applicant to initiate proceedings under section 7, 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 7, 2022
- 5 min
Necessary ingredients must be provided by the Applicant to initiate proceedings under section 7, IBC
![](https://static.wixstatic.com/media/d515a3_912fc72c958f41c6a844bd87b3eb6edd~mv2.jpg/v1/fill/w_231,h_231,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_912fc72c958f41c6a844bd87b3eb6edd~mv2.webp)
![RBI announces premature redemption price for Sovereign Gold Bond (SGB 2017-18 - Series VI)](https://static.wixstatic.com/media/d515a3_912fc72c958f41c6a844bd87b3eb6edd~mv2.jpg/v1/fill/w_209,h_165,fp_0.50_0.50,q_90,enc_auto/d515a3_912fc72c958f41c6a844bd87b3eb6edd~mv2.webp)
- Nov 7, 2022
- 1 min
RBI announces premature redemption price for Sovereign Gold Bond (SGB 2017-18 - Series VI)
![](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)
- Nov 7, 2022
- 5 min
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)
![IBC Section 9 Application is dismissed as OC fails to lead the evidence to prove the supply of goods](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
- 2 min
IBC Section 9 Application is dismissed as OC fails to lead the evidence to prove the supply of goods