Clipped from: https://www.financialexpress.com/industry/banking-finance/sc-issues-guidelines-for-cheque-bounce-cases-asks-govt-to-amend-laws/2234696/ The SC said that over the years, courts have been inundated with cheque bounce complaints which could not be decided within a reasonable
Category: Legal
AWS launches Amazon Digital Suite to accelerate digital adoption for SMBs in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/aws-launches-amazon-digital-suite-to-accelerate-digital-adoption-for-smbs-in-india/articleshow/82100388.cmsSynopsis SMB spend on public cloud services is expected to contribute more than 29% of the $7.9 billion public cloud services market in India
Labour ministry notifies draft rules under Occupational Safety, Health and Working Conditions Code – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-notifies-draft-rules-under-occupational-safety-health-and-working-conditions-code/articleshow/82099916.cmsSynopsis The ministry has invited suggestions on the draft Rules in the next 45 days following which the above Rules will be finalised. This
Customer privacy, data protection non-negotiable, says RBI Deputy Governor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/customer-privacy-data-protection-non-negotiable-says-rbi-deputy-governor/articleshow/82106903.cmsSynopsis Open banking refers to sharing and leveraging of customer-permissioned data by banks with third party developers and firms to build applications and services,
Personal hearing before NPA tag: RBI, lenders move SC – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/personal-hearing-before-npa-tag-rbi-lenders-move-sc/2233953/ A bench led by Justice R F Nariman refused to stay the entire HC judgment, but stayed a part which dealt with granting
Time has come for woman CJI but female lawyers refuse judgeship due to domestic responsibilities: SC | Deccan Herald
Clipped from: https://www.deccanherald.com/national/time-has-come-for-woman-cji-but-female-lawyers-refuse-judgeship-due-to-domestic-responsibilities-sc-974559.html The court was hearing a matter related to appointment of ad-hoc judges in the High Courts to deal with huge pendency of cases
Promoter Khaitan family ready to put funds into McNally Bharat: MD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/promoters-willing-to-infuse-funds-into-mcnally-bharat-md/articleshow/82076863.cmsSynopsis McNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companies has
Aircel lenders, UVARCL to move Supreme Court as NCLAT bars spectrum sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/aircel-lenders-uvarcl-to-move-sc-as-nclat-bars-spectrum-sale/articleshow/82075912.cmsSynopsis The NCLAT has backed DoT’s stance that spectrum is a national asset that cannot be transferred to a third party, unless statutory dues
Religare Finvest to default on Rs 100 crore NCD payment obligation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/religare-finvest-to-default-on-rs-100-crore-ncd-payment-obligation/articleshow/82070449.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis NBFC firm Religare Finvest Limited (RFL) had borrowed Rs 100 crore from Axis Bank by placing non-convertible debentures (NCDs) on a private placement
Archeron group to offer banking services powered by algorithms and quantum technology – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-tech/archeron-group-to-offer-banking-services-powered-by-algorithms-and-quantum-technology/article34296120.ece Bengaluru-based Archeron group plans to open five banks that are run entirely by AI and quantum technologies–CLICK TO READ FURTHER
Astra security: Enterprise security at the click of a button – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/astra-security-enterprise-security-at-the-click-of-a-button/2230268/ This Delhi-based startup looks to secure online businesses with its ready-to-use solutions, enabled by humans Shikhil Sharma, cofounder and CEO, Astra Security By
Breach of trust: Cybersecurity can make or break a brand – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/breach-of-trust-cybersecurity-can-make-or-break-a-brand/2230277/ Findings from Infosys and Interbrand suggest that poor brand image and broken trust are added costs of poor cybersecurity Vishal Salvi, chief information
LinkedIn says user data scraped and put for sale: Report – Times of India
inkedIn says user data scraped and put for sale: Report – Times of India https://timesofindia.indiatimes.com/business/india-business/linkedin-says-user-data-scraped-and-put-for-sale-report/articleshow/81995973.cmsIndia Business News: Personal data of about 500 million LinkedIn users
The Principle Of “As Is Where Is” And “As Is What Is Basis” In Relation To Secured Assets Purchased In Public Auction Under Sarfaesi Act,2002-IndiaLaw LLP Blog–
Clipped from: https://www.indialaw.in/blog/blog/banking-and-finance/the-principle-of-as-is-where-is-and-as-is-what-is-basis-in-relation-to-secured-assets-purchased-in-public-auction-under-sarfaesi-act2002/ INTRODUCTION As the Legal frame work and mechanism for curtailing and controlling mounting Non- Performing Assets (“NPA”) has become inadequate and outdated which
Mr. Mandava Krishna Chaitanya vs Uco Bank, Asset Management Branch on 21 February, 2018–indian kanoon
Clipped from: https://indiankanoon.org/doc/52706974/Andhra High Court *THE HONBLE SRI JUSTICE SANJAY KUMAR AND THE HONBLE SRI JUSTICE P.KESHAVA RAO WRIT PETITION NO.39084 OF 2017 21-02-2018 Mr. Mandava
Royal Star Trading Company vs Ifci Limited & Anr on 10 September, 2014–indian kanoon
Clipped from: https://indiankanoon.org/doc/107658231/Delhi High Court THE HIGH COURT OF DELHI AT NEW DELHI % Judgment delivered on: 10.09.2014 + W.P.(C) 2005/2012 & CM No.16665/2013 ROYAL STAR
The Concept Of “As-Is Where-Is” And “As-Is What-Is” A Secured Creditor’s Point Of Responsibility? – Finance and Banking – India
Clipped from: https://www.mondaq.com/india/securitization-structured-finance/1044610/the-concept-of-as-is-where-is-and-as-is-what-is-a-secured-creditor39s-point-of-responsibility Introduction As the legal framework for curtailing and controlling mounting Non-Performing Assets (“NPA“) started becoming inadequate, there was a spike in the number
SCAMMED! What are the warning signs and how to stay clear of online scams – The Financial Express
Clipped from: https://www.financialexpress.com/money/scammed-what-are-the-warning-signs-and-how-to-stay-clear-of-online-scams/2230291/ In a bid to avail the best deals and discounts, consumers often unknowingly expose themselves to risks by venturing on malicious websites, where
Termination Of Power Purchase Agreements Under IBC – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1049336/termination-of-power-purchase-agreements-under-ibc?type=popular Our viewpoint It is a well understood fact that a PPA is sine quo non for not only the functioning but the very existence of
What Is Pre-Pack Insolvency Or Bankruptcy? – Insolvency/Bankruptcy/Re-structuring – India–mondaq.com
Clipped from: https://www.mondaq.com/india/insolvencybankruptcy/1023948/what-is-pre-pack-insolvency-or-bankruptcy?type=popular The Insolvency and Bankruptcy Code, 2016, has boosted the industry in terms of either reviving the company in question or faster liquidation of
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