Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/10-years-after-credit-card-was-closed-bank-sent-legal-notice-demanding-rs-33-lakh-cardholder-fights-back-and-wins-rs-5-lakh-compensation/articleshow/129676697.cms On August 27, 2010, Mr Venkatesh from Mysore, Karnataka, submitted a request to close his credit card and made a payment of Rs 15,500. The
Day: March 20, 2026
Misuse of Insolvency and Bankruptcy Code by loan defaulters has tendency to badly impact economy: HC – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/misuse-of-insolvency-and-bankruptcy-code-by-loan-defaulters-has-tendency-to-badly-impact-economy-hc/article70761462.ece The court said it has noticed a “disturbing trend” in which chronic defaulters take resort to the provisions of the IBC to frustrate
HDFC Bank: Chakraborty’s sudden exit as Part-time Chairman stirs hornet’s nest – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-bank-chakrabortys-sudden-exit-as-part-time-chairman-stirs-hornets-nest/article70762478.ece Stock hits 52-week low; bank’s board may approach M Rajeshwar Rao, former Deputy Governor of RBI, to replace Chakraborty The sudden departure of
When resolution becomes recovery: Shift towards enforcement framework
Clipped from: https://www.business-standard.com/opinion/columns/when-resolution-becomes-recovery-shift-towards-enforcement-framework-126031701395_1.html The IBC was designed to address collective action problems and prevent a race for enforcement that destroys going-concern value Illustration: Binay Sinha Listen
Strengthening oversight: Why audit companies must improve governance
Clipped from: https://www.business-standard.com/opinion/editorial/strengthening-oversight-why-audit-companies-must-improve-governance-126031901335_1.html The broader challenge lies in the growing complexity of modern corporate structures and the pressure on audit firms to balance commercial interests with