SEBI Extends Deadline for Listed Cos to Verify Market Rumours
SEBI has extended the deadline for top-listed entities to confirm, deny or clarify market rumours reported in the mainstream media.
October 4, 2023
SEBI has extended the deadline for top-listed entities to confirm, deny or clarify market rumours reported in the mainstream media.
REs are required to publicly disclose information regarding borrowers whose secured assets have been taken into possession.
REs are required to publicly disclose information regarding borrowers whose secured assets have been taken into possession.
The RBI has released a Draft Master Direction on the Treatment of Wilful Defaulters and Large Defaulters dated 21 September, 2023.
The RBI has decided to discontinue the incremental Cash Reserve Ratio (I-CRR) in a phased manner.
RBI has issued directions streamlining the procedure for release of property documents on full repayment and closure of loan account.
The Delhi HC upheld the imposition of penalty for delayed supplies to the extent of 3% of the contract value and refused to award interest on untimely payments.
A borrower’s right to redeem a secured asset stands extinguished on the date of publication of the notice for public auction.
In the case of Religare Finvest Ltd. v. State (NCT of Delhi)…Read More
The SC has ruled that a liquidator does not have absolute discretion to cancel a valid auction on the sole expectation of higher bids.
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