Nov 12, 20222 minRBI cancels the licence of Babaji Date Mahila Sahakari Bank Limited, Yavatmal, MaharashtraThe Reserve Bank of India (RBI), vide order dated November 09, 2022, has cancelled the licence of Babaji Date Mahila Sahakari Bank...
Nov 11, 20228 minHC reversed the order of acquittal as accused failed to raise defence to rebut statutory presumptionCalcutta High Court in a recent Judgment noted that it cannot be a probable defence that the complainant has no capacity to pay the money...
Nov 10, 20222 minInvocation of Rule 11 of the NCLAT Rules, 2016 cannot be pressed only to replace the IRPThe NCLAT, Chennai Bench held that the invocation of Rule 11 of the NCLAT Rules, 2016 cannot be pressed into service, in the teeth of the...
Nov 10, 20225 minProceeding in good faith in a forum which is unable to entertain for like nature may save limitationThe Supreme Court Bench comprising Justices Indira Banerjee and J.K. Maheshwari was hearing an interesting issue of limitation in an...
Nov 9, 202210 minAn interim moratorium for one of the guarantors would not ipso facto apply against a co-guarantorDelhi High Court recently held that the interim moratorium under Section 96 of IBC in respect of one of the guarantors would not ipso...