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RBI Proposes Draft Guidelines on ‘Transparency in Aggregation of Loan Products from Multiple Lenders under Digital Lending’
RBI's new draft guidelines aim to boost transparency in digital lending, ensuring fair practices and informed borrower decisions.
May 2, 20242 min read
Delhi HC Clarifies the Bounds of Vicarious Liability under the Negotiable Instruments Act, 1881
DHC's ruling reinforces clear distinctions in corporate liabilities, stressing precise legal pleadings for vicarious claims.
May 2, 20243 min read
Transforming Dispute Resolution in India: An Overview of the Mediation Act, 2023
Discover how The Mediation Act, 2023, revolutionizes India's dispute resolution landscape, melding tradition with modern legal frameworks.
May 1, 20247 min read
Supreme Court Defines 'Court' in Arbitration Law: Implications for S. 29A of the A&C Act, 1996
SC clarifies 'Court' under S. 29A of the A&C Act, distinguishing roles of PCC and HC in arbitration to align with legislative intent.
May 1, 20243 min read
Supreme Court Rules: Registration Alone is Not Enough for a Valid Hindu Marriage, Ceremonies are Essential
SC rules: Marriage registration isn’t valid without ceremonies. Solemnization is key to a true Hindu marriage under the law.
Apr 30, 20243 min read
Adherence to Procedural Timelines: Tribunal upholds ED’s Provisional Attachment
Tribunal upholds ED's asset attachment, emphasizing strict adherence to procedural timelines in money laundering cases.
Apr 30, 20243 min read
Legislation by Incorporation v. Legislation by Reference: Supreme Court Explains the Jurisdiction of Special Courts
SC rules on Special Courts' jurisdiction, outlining key distinctions in legislative incorporation and reference.
Apr 30, 20243 min read
Customs v. IBC: Who controls confiscated assets?
NCLAT rules on asset control in insolvency, balancing customs authority and IBC mandates.
Apr 30, 20243 min read
Orissa HC Quashes Prosecution for Delay in TDS Submission When Delays Are Well Substantiated and TDS Deposited Prior to Prosecution
HC rules on justified TDS delays due to COVID-19 and CIRP, negating prosecution after payment.
Apr 29, 20243 min read
Bank’s Oversight: Supreme Court Upholds Procedural Compliance in Auction Sales under the SARFAESI Act
SC affirms the need for strict procedural compliance in bank auctions, reinstates tenants, and mandates interest on returns.
Apr 29, 20243 min read
Reserve Bank of India - Master Directions on Asset Reconstruction Companies, 2024
Introduction The Reserve Bank of India ( ‘RBI’ ) released the Master Direction – Reserve Bank of India (Asset Reconstruction Companies)...
Apr 29, 20245 min read
Interim Moratorium Does Not Commence If Application Is Filed Before a Forum Devoid of Jurisdiction
Discover how a jurisdiction error impacted a case on interim moratoriums, setting a significant legal precedent.
Apr 29, 20244 min read