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Dec 1, 20221 min read
Bank holidays in December 2022: Full list of days when banks will be closed
As per the Reserve Bank of India’s (RBI) holiday calendar, banks in India will remain closed for 14 days in the month of December this...
Nov 24, 20226 min read
If the Secured Creditor takes action under SARFAESI Act, it would not bar the arbitration proceeding
The Delhi High Court held that If the Secured Creditor takes action under section 17 of the SARFAESI Act, it would not bar the...
Nov 23, 202212 min read
SC deprecate the practice of entertaining writs by High Courts without exhausting alternative remedy
Supreme Court deprecates the practice of entertaining writ Petitions by High Courts without exhausting alternative remedy. Supreme Court...
Nov 21, 20222 min read
Prayer seeking reference of disputes to arbitration when it is subject matter of DRT is misconceived
Delhi High Court held that Petitioner’s prayer seeking reference of disputes to arbitration, especially when such disputes were already...
Nov 21, 20221 min read
RBI announces premature redemption of Sovereign Gold Bond 2017-18 Series VIII due on 19 November '22
The Reserve Bank of India (RBI) announces the redemption price for premature redemption due on November 19, 2022 (November 20, 2022,...
Nov 20, 20222 min read
Bombay HC stays Centre's Notification limiting jurisdiction of cases above Rs 100 Crores to 3 DRTs
Bombay High stays the Centre's Notification limiting the jurisdiction of cases above Rs. 100 Crores to 3 Debts Recovery Tribunals. The...
Nov 19, 20221 min read
RBI assigns Lead Bank responsibility for the formation of new districts in the state of Nagaland
The Government of Nagaland has notified the formation of four new districts in the state of Nagaland vide Gazette Notifications No....
Nov 19, 20223 min read
Seller is bound to disclose any material defect in the property of which the buyer is not aware
The Supreme Court held that the seller is bound to disclose to the buyer any material defect in the property of which the buyer is not...
Nov 17, 20221 min read
Reserve Bank of India Governor meets Public and Private Sector Banks' MDs and CEOs
The Governor, of the Reserve Bank of India (RBI), held meetings with the MD & CEOs of Public Sector Banks and certain Private Sector...
Nov 17, 20222 min read
NCLAT Delhi finds the non-speaking order of AA is a violation of the principle of natural justice
The NCLAT held that the impugned order was in violation of the principle of natural justice because the impugned order was a non-speaking...
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