Contractors Not Responsible for Verifying Administrative Approvals Before Commencing Work
In the case of M/S Cube Construction Engineering v UT of J&K & Ors., (WP(C) No. 1962/2022), dated August 5, 2024.
September 11, 2024
In the case of M/S Cube Construction Engineering v UT of J&K & Ors., (WP(C) No. 1962/2022), dated August 5, 2024.
In the case of Asian Colour Coated Ispat Limited v. Additional Commissioner of Income Tax and Ors., (2024 SCC OnLine Del 5459), dated August 7, 2024.
RBI has released, on August 2, 2024, revised guidelines concerning the prudential Treatment of Bad and Doubtful Debt Reserves (BDDR) for co-operative bank.
RBI has announced a significant update to the regulatory framework for HFCs, bringing them in line with the stricter regulations applied to NBFCs.
RBI has revised the risk weight guidelines for undisbursed home loans, offering relief to HFCs vide circular dated August 12, 2024.
RBI has issued revised guidelines for Non-Banking Financial Company – Peer to Peer Lending Platforms (NBFC-P2P Lending Platforms).
RBI has released a draft circular on August 5, 2024, addressing the management of model risks in credit, focusing on ensuring robustness and prudence in the deployment of credit risk models by regulated entities (REs).
M/s Spar Geo Infra Pvt. Ltd. has been temporarily suspended from participating in ongoing and future bidding for a period of one month, effective from August 2, 2024.
The RBI has launched a new scheme aimed at facilitating the trading and settlement of SGB within India’s IFSC.
MoRTH has recently revised its policy concerning the handling of single bids in open tenders.
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