Aug 92 minNCLAT Upholds GNIDA's Classification as Operational Creditor: Lease Deed Does Not Qualify as Financial LeaseNCLAT Upholds GNIDA's Classification as Operational Creditor: Lease Deed Does Not Qualify as Financial Lease. The National Company Law...
Aug 92 minRBI Mandates Fortnightly Reporting of Credit Information: Enhanced Timeliness and Compliance Guidelines Effective January 1, 2025In line with the Reserve Bank of India’s (RBI) updated guidelines, the frequency of credit information reporting by Credit Institutions...
Aug 82 minAdmission of Section 7 Application Upheld Despite Dispute Over Debt Quantum; Acknowledgment of Debt Validates Extension of LimitationNCLAT upheld the admission of the Section 7 application despite the dispute over the quantum of debt, as the acknowledgement of debt...
Aug 81 minIBBI Hosts Conclave for Resolution Applicants: Enhancing the Insolvency and Bankruptcy FrameworkOn August 5, 2024, the Insolvency and Bankruptcy Board of India (IBBI) organized a significant 'Conclave for Resolution Applicants' at...
Aug 71 minWinners Announced for Reserve Bank of India’s Financial Literacy Ideathon 2024On August 5, 2024, the Reserve Bank of India (RBI) concluded its Financial Literacy Ideathon, a key event in its Financial Literacy Week...