Aug 192 minIBBI Reports Closure of Liquidation Processes with Dissolution Orders as of March 31, 2024The Insolvency and Bankruptcy Board of India (IBBI) Reported Closure of Liquidation Processes with Dissolution Orders as of March 31,...
Aug 192 minPositive Pay System (PPS): Enhancing Security in Cheque TransactionsThe Positive Pay System (PPS) is an essential security measure implemented by banks to protect against cheque fraud. This system involves...
Aug 192 minJustice BR Gavai Inaugurates India's First Digital Court for NI Act Cases in Kerala, Highlighting Technology's Role in Making Justice More AccessibleOn August 16, 2024, Justice BR Gavai inaugurated several innovative digital initiatives at the Kerala High Court, marking a significant...
Aug 193 minSupreme Court Stays NCLAT Ruling Closing Insolvency Proceedings Against Byju's; Directs BCCI to Deposit ₹158 Crores in an Escrow AccountSupreme Court stayed the NCLAT ruling closing insolvency proceedings against Byju's and directed BCCI to deposit ₹158 crores in an Escrow...
Aug 182 minRBI imposes monetary penalties on Bank of Maharashtra, Hinduja Leyland Finance Ltd and Poonawalla Fincorp Ltd for Regulatory Non-ComplianceThe Reserve Bank of India (RBI) imposed monetary penalties on the following three financial institutions for Regulatory Non-Compliance:...