Lookout Circular to be Issued Only in Exceptional Circumstances
Shalini Khanna v. Union of India: Lookout Circular should be done only in exceptional circumstances and cannot be resorted to in every case of bank loan default.
March 7, 2024
Shalini Khanna v. Union of India: Lookout Circular should be done only in exceptional circumstances and cannot be resorted to in every case of bank loan default.
Umashankar Gupta v. CESC Limited and Others: Assessing Officer-IV is required to be a part of the inspection team to personally assess if any offense has been committed.
IBBI Regulations on Bankruptcy Process for Personal Guarantors to Corporate Debtors Amended
IBBI has, on January 31, 2024, amended the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017
Indian Bank Branches in Gift-IFSC Permitted to Engage in Trading on IIBX
RBI has issued guidelines on Fixed Remuneration granted to Non-Executive Directors (NEDs) vide circular No RBI/2023-24/121. Dor.HGG.GOV.REC.75/29.67.001/2023-24.
These guidelines mandated all Supervised Entities (SEs) to submit specific supervisory returns to the Reserve Bank in accordance with its directives.
MoRTH has issued a circular to include the provision of ‘Deemed Approval’ for RFP for the appointment of Consultancy Services.
VISA and Mastercard to Suspend Card-based Commercial Payments on Communication from RBI
VISA and Mastercard to Suspend Card-based Commercial Payments on Communication from RBI
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