Supreme Court order on interest waiver: PSU Banks may have to take Rs. 2,000 crore
Public sector lenders may have to bear a burden of Rs. 1,800-2,000 crore arising due to a recent Supreme Court
Read more
Legal Corner
HC seeks Government response on feasibility of Islamic Banking
High Court has recently sought response from the authorities to the PIL seeking feasibility of introducing Islamic Banking in J&K
Read more
RBI & SEBI granted time in AT1 bonds case
Bombay high court has granted time to RBI and SEBI to file responses in a petition filed by individual holders
Read more
National Commission: Bank liable for fraudulent card transactions
Jeena Jose had taken a prepaid forex plus debit card from HDFC Bank on August 11, 2007, which had a
Read more
RTI applicant must disclose interest in seeking information
The Delhi High court has held that an RTI applicant seeking information should disclose his/her interest in it to prevent
Read more
Supreme Court upholds law protecting new owners of bankrupt companies
The Supreme Court has upheld laws that protect new owners of insolvent companies from charges filed against the previous management.
Read moreSupreme Court upholds levy of GST on lottery, gambling
The Supreme Court upheld the levy of Goods and Service Tax (GST) on sale of lotteries and gambling across the
Read more
Electricity must be treated as commodity, not a right
Is electricity a right or a commodity? This is a question which all stakeholders need to address. “Electric utilities in
Read more
CBI books firm for Rs. 8000 crore bank fraud
The CBI has booked Hyderabad-based Transstroy (India) Ltd and its directors for alleged bank fraud of over Rs 7,926 crore
Read more
No GST if amount received after issuance of completion certificate
Karnataka’s Authority for Advance Ruling (AAR) has upheld that amounts received for sale of shares in flats will not attract
Read more
