Nov 22, 20224 minPresumption u/s 139 N I Act includes a presumption that there exists a legally enforceable liabilitySupreme Court held that the presumption under Section 139 of the Negotiable Instruments Act, 1881, includes a presumption that there...
Nov 21, 20221 minRBI imposes monetary penalty on the Parwanoo Urban Co-operative Bank for contravention of its normsThe Reserve Bank of India (RBI) has imposed, by an order dated November 15, 2022, a monetary penalty of ₹3.00 lakh (Rupees Three Lakh...
Nov 21, 20222 minPrayer seeking reference of disputes to arbitration when it is subject matter of DRT is misconceivedDelhi High Court held that Petitioner’s prayer seeking reference of disputes to arbitration, especially when such disputes were already...
Nov 21, 20221 minACC appoints ten Executive Directors for public sector banksThe Appointments Committee of the Cabinet (ACC) has approved the appointment of ten Executive Directors in various Public Sector Banks...
Nov 21, 20221 minRBI announces premature redemption of Sovereign Gold Bond 2017-18 Series VIII due on 19 November '22The Reserve Bank of India (RBI) announces the redemption price for premature redemption due on November 19, 2022 (November 20, 2022,...