Government Appoints Nine Additional Judges as Permanent Members of Allahabad High Court
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![Government Appoints Nine Additional Judges as Permanent Members of Allahabad High Court](https://static.wixstatic.com/media/d515a3_ef7eafebd1644566bb7038d01147b7fe~mv2.jpg/v1/fill/w_209,h_180,fp_0.50_0.50,q_90,enc_auto/d515a3_ef7eafebd1644566bb7038d01147b7fe~mv2.webp)
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![Public sector banks cannot arbitrarily withdraw an accepted One-Time Settlement (OTS) once the agreed amount has been fully paid](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)
- Aug 21
- 3 min
Public sector banks cannot arbitrarily withdraw an accepted One-Time Settlement (OTS) once the agreed amount has been fully paid
![](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![The Limitation Against a Personal Guarantor Runs From the date the Guarantee is Invoked, Not From the Date of Default by the Principal Borrower](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
- Aug 21
- 2 min
The Limitation Against a Personal Guarantor Runs From the date the Guarantee is Invoked, Not From the Date of Default by the Principal Borrower
![](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
![NCLAT Confirms SARFAESI Act Auction of Subsidiary Assets Doesn't Breach IBC Moratorium: Jurisdictional Clarity Affirmed](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- Aug 21
- 3 min
NCLAT Confirms SARFAESI Act Auction of Subsidiary Assets Doesn't Breach IBC Moratorium: Jurisdictional Clarity Affirmed
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![RBI Launches Nationwide RBI90Quiz for Undergraduates Students to Mark 90 Years of Service](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)
- Aug 21
- 1 min
RBI Launches Nationwide RBI90Quiz for Undergraduates Students to Mark 90 Years of Service
![](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 Reports Closure of Liquidation Processes with Dissolution Orders as of March 31, 2024](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)
- Aug 19
- 2 min
IBBI Reports Closure of Liquidation Processes with Dissolution Orders as of March 31, 2024
![Supreme Court Stays NCLAT Ruling Closing Insolvency Proceedings Against Byju's; Directs BCCI to Deposit ₹158 Crores in an Escrow Account](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)
- Aug 19
- 3 min
Supreme Court Stays NCLAT Ruling Closing Insolvency Proceedings Against Byju's; Directs BCCI to Deposit ₹158 Crores in an Escrow Account
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![IBBI Amends Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 to Strengthen Default Record Management and Verification Processes](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)
- Aug 18
- 2 min
IBBI Amends Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017 to Strengthen Default Record Management and Verification Processes
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![NCLAT Upholds Insolvency Proceedings Despite Forgery Claims and Misleading Affidavits; Imposes Cost of Rs. 1,00,000](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- Aug 17
- 3 min
NCLAT Upholds Insolvency Proceedings Despite Forgery Claims and Misleading Affidavits; Imposes Cost of Rs. 1,00,000
![](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)
![Enforceability of Pre-existing and Subsequent Corporate Guarantees: Novation Claims and NCLAT Analysis](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)
- Aug 17
- 3 min
Enforceability of Pre-existing and Subsequent Corporate Guarantees: Novation Claims and NCLAT Analysis