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Sep 13, 20213 min read
IBC Section 227, failed experience in the light of DHFL case
The Insolvency and Bankruptcy Code, 2016 (IBC) was intended to be a mechanism for resolving the borrower's insolvency as a continuing...
Sep 11, 20211 min read
Govt. approves the proposal for the appointment of Judicial Members and Technical Members in NCLTs
The Appointments Committee of the Cabinet has approved the proposal for the appointment of the following persons to the posts of Judicial...
Sep 10, 20212 min read
NCLT admits TVS Automobile plea against KPN to recover ₹5.27-cr dues
The National Company Law Tribunal (NCLT) on Tuesday granted TVS Automobile Solutions Pvt. Ltd.’s appeal to collect dues of 5.27 crore...
Sep 10, 20212 min read
SC stays proceedings in Delhi HC, asks NCLT, CCI, SEBI not to pass final orders for 4 weeks
The Supreme Court on Thursday granted Future Group a major victory by staying all proceedings before the Delhi High Court in a case...
Sep 10, 20213 min read
IBBI offers solutions to the creditors' stalemate, as well as the auction process during liquidation
4,541 strained businesses have been brought to bankruptcy courts as of June this year. Insolvency procedures have been completed in 2,859...
Sep 9, 20212 min read
Cryptocurrency to be taxed?
The much-anticipated digital currency draft Bill might propose to characterize cryptographic forms of money and group them dependent on...
Sep 9, 20212 min read
Only card companies and banks are allowed to store card information; everyone else must delete it
The Reserve Bank of India (RBI) on Tuesday declined to extend the deadline for card tokenization beyond the agreed-upon deadline of 1...
Sep 8, 20212 min read
RBI’s e-payments rules will create challenges for merchants, small businesses, banks, others
Payment aggregators, gateways, merchants, small businesses, banks, and others will face challenges as a result of the Reserve Bank of...
Sep 8, 20212 min read
RBI enables cardholders to the benefits from the security of tokenised card transactions
The Reserve Bank of India (RBI) invited reference to its circular DPSS.CO.PD No.1463/02.14.003/2018-19 dated 8 January 2019 on...
Sep 8, 20212 min read
The Supreme Court claims that the Centre is ‘emasculating' tribunals by failing to designate members
The Supreme Court warned on Monday that the Centre was "emasculating" tribunals by failing to appoint officials to quasi-judicial bodies...
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