Category: News of interest

Central bank’s role in IBC must not be curtailed Prima facie, the Supreme Court’s judgment quashing the Reserve Bank of India’s (RBI’s) February 12, 2018,

Many of us in India become inured to a laxity in standards and to the implementation of laws. There may be good reasons for targeting

RBI will come out with fresh set of ideas for checks and balances, says Finance Minister Finance Minister Arun Jaitley feels the Supreme Court ruling

Crisil elaborated that stressed power assets in the private sector will get the biggest respite from the apex court judgment, as most of them were

The Supreme Court’s quashing of the February 12, 2018, circular of Reserve Bank of India (RBI) may be untenable in resolving contentious issue of stressed

Indian tycoons whose companies have fallen behind on loan repayments can breathe a bit easier now. The nation’s top court on Tuesday struck down a

It is one of the tragedies of India that sooner than later, even the best of legislation is allowed to decay into irrelevance, thanks to

SC quashes RBI rules for cos defaulting on loans In a move that may change the very basics of the India’s bankruptcy regime, the Supreme Court today

With the Supreme Court nixing February 12 circular, the banks will now have discretion in taking the defaulting companies to NCLT under Insolvency and Bankruptcy Code (IBC), said experts. The Supreme

The ruling shows that how a questionable administrative decision can be immensely counterproductive. Mumbai-Legal experts have given mixed views on the Supreme Court judgement quashing the Reserve

Highlights The circular asked banks to either resolve or file for insolvency. Reference under IBC will be done on case specific basis and with authorisation

The Supreme Court’s ruling quashing the RBI’s February 12 circular is unfortunate. It is a setback for banking and the resolution of bad loans. Indian

The Supreme Court has erred in quashing the controversial February 12 RBI circular that imposed stringent conditions on lenders on loan repayments. It was meant to make