The Indian financial market is experiencing phenomenal growth in mutual funds and portfolio management services (PMS). The mutual fund and PMS industries are two of the fastest growing investme...

The cheque bounce matters under Section 138 of the Negotiable Instruments Act, 1881, I can confidently say that the law, though well-intentioned, has not lived up to its promise of being an eff...

White-collar crimes, especially within corporate finance, have caused severe economic, social, and institutional damage. These crimes, often hidden behind complex balance sheets and intricate f...

The Zee-Sony merger signifies a critical juncture in India's entertainment and media landscape, catalyzing structural transformation and redefining competitive dynamics. As two major players jo...

The Insolvency and Bankruptcy Code (IBC), 2016 was enacted to consolidate and harmonize India's insolvency law by repealing several overlapping legislations, including the Companies Act, 1956, ...

The Negotiable Instruments Act was enacted, in India, in 1881. Prior to its enactment, the provision of the English Negotiable Instrument Act were applicable in India, and the present Act is al...

Sustainability as defined by International Sustainability Standards Board (ISSB). "The ability for a company to sustainably maintain resources and relationships with and manage its dependencies...

The Indian securities market has experienced significant evolution over the past few decades, driven by economic liberalization, technological innovation, and changing global financial trends. ...

Understanding the differences between shareholders and stakeholders in a company is essential for anyone in exploring areas like business management, law, or finance. While the terms are often ...

Cryptocurrency has experienced rapid global growth since its inception, transforming the way people perceive and interact with money. This digital revolution has sparked intense debate and regu...

Cross-border financial fraud creates significant challenges in today's interconnected global economy. These crimes often stretch across different countries. They take advantage of gaps in laws,...

This study deals with the intersection of law and economics through the analysis of the Punjab National Bank scam. The essential requirement for the smooth operation of the economy is an ...

Introduction Overview of Digital Trade and Its Importance Evolution of Digital Trade Agreements (DTAs) Purpose and Scope of the Study Key Legal...

Loan recovery forms a vital cornerstone of a healthy financial system, enabling lending institutions to operate effectively and sustainably. Successful loan recovery ensures the continued avail...

There was a time when cheques were considered the most reliable form of payment. However, nowadays, due to the increase in cheque bounce cases, people fear accepting payments through cheques. ...

The Union Budget 2025-26 was presented by Finance Minister Nirmala Sitharaman on February 1, 2025 and it shall be applicable from 1st April. This budget impacts various legal frameworks, includi...

A Research Analyst plays a significant role in financial decision-making by evaluating data and providing insights into investment opportunities. Whether working as a SEBI registered research a...

In India, damages are a vital component of contracts. A strong damages framework must allow the opposite party to recoup its losses in the event that one party breaks its end of the agreement. ...

The Reserve Bank of India (RBI), established on April 1, 1935, under the Reserve Bank of India Act, 1934, is the central bank of India. It plays a crucial role in managing the country's monetar...

For over two decades, The Law Codes has been assisting clients in Gurgaon and Chandigarh with specialized knowledge in civil and corporate law, particularly in handling complex guarantee-relate...

The dynamic growth of cryptocurrency and blockchain technology has sparked considerable interest among businesses, investors, and regulatory bodies, necessitating an understanding of their lega...

Artificial Intelligence (AI) is no longer a distant concept reserved for science fiction; it has woven itself into the fabric of our everyday lives. From familiar technologies like voice assist...

The nationalization of banks in India in 1969 marked a pivotal moment in the nation's economic history. It was driven by the aim to align the banking sector with socio-economic goals and promot...

The cannabidiol (CBD) industry is rapidly evolving, driven by increasing consumer demand, scientific advancements, and shifting regulatory landscapes. As a versatile compound derived from the c...

Case Note on Siti Networks Ltd. v. Rajiv Suri Facts: Parties Involved: The case involves Siti Networks Ltd. (formerly Siticable Network Ltd.), represented by its Resolution...

In the ever-evolving landscape of taxation and financial management, businesses face a multitude of challenges, from navigating complex GST regulations to ensuring compliance with Income Tax la...

NITI Aayog registration is a critical step for Non-Governmental Organizations (NGOs) and Voluntary Organizations (VOs) in India to gain recognition, access government grants, and enhance their ...

Section 25 of the Payment and Settlement Systems Act, 2007 (PSSA), serves as a pivotal provision in maintaining the integrity and accountability of India's payment systems. It specifically addr...

Debt Recovery Tribunals (DRTs) in India were established under the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act), to expedite the recovery of debts owed to banks and financial institutio...

Debt recovery is a vital process within the financial ecosystem, designed to ensure that creditors reclaim their dues while borrowers meet their financial obligations. However, this process can...

Cryptocurrency and blockchain technology have transformed the global financial landscape, offering an innovative way to conduct transactions, store value, and manage contracts. Cryptocurrencies...

The purpose of this paper is to first study the regulation and facilitation process of foreign investments in the Indian market and another one is to examine the importance of foreign investmen...

What is a Wilful Default?Wilful default, sometimes referred to as wilful misconduct, occurs when a party in a contract, agreement, or any obligation fails to do what they were supposed to or or...

"In insolvency proceedings, financial institutions serve not just as creditors, but as pivotal architects of outcomes—balancing their quest for recovery with the potential for business r...

Negotiable Instruments Rule 339 of the Criminal Rules of Practice provides for the issuance of copies to parties. It stipulates that copies of any por...

Compounding: Your Best Friend in Finance Compounding, often referred to as the "eighth wonder of the world," is a powerful financial tool that can turn small, consistent investments into signi...

Finance Advisory: Beware of New Scams in India In today's fast-evolving digital landscape, financial scams are becoming increasingly sophisticated, targeting unsuspecting individuals and organ...

The advent of crypto and blockchain technology have a significant impact over the traditional banking system which offers innovative opportunities and formidable challenges. The banking system ...

The Reliance Power IPO, launched in January 2008, marked a significant milestone in India's capital markets, attracting immense investor interest and setting global records. The IPO was oversub...

This Article represents a joint effort to address one of the most pressing challenges in the field of corporate insolvency law: managing cross-border insolvency effectively. As the world become...

The Agreement on Textiles and Clothing (ATC) under the World Trade Organization (WTO) introduced the concept of Trims, or Textile and Clothing Trade-Related Investment Measures. Trims are regul...

"Put not your trust in money, but your money in trust" ‐ Oliver Wendell Holmes Mutual fund is a trust that collects money from investors who share a common financial goal and invest th...

The concept of Banking in India started in 1683 when The Madras Bank was found. Since its Inception, The concept of Banking in the country has seen copious changes. The Beauteous aspect is that...

Debt recovery is an important issue for both individuals and businesses in India. One of the ways in which debt can be recovered is through the Debt Recovery Tribunals (DRTs), which were esta...

It is common that cheques are sometimes bounced as the Bank on which the cheque has been drawn has merged with some other bank and the cheque of the merged bank ceases to be a legal tender. A q...

Of Penalties In Case Of Dishonour Of Certain Cheques For Insufficiency Of Funds In The Accounts Introduction: Law of Dishonour of Cheques: Ss. 138 to 142 by Act of 1988 Ss. 143 to 147 by Ac...

The Insolvency and Bankruptcy Code, 2016 ("IBC") is a landmark legislation that was introduced in India to provide a consolidated and time-bound mechanism for resolving insolvency and bankruptc...

The research paper titled "Challenges Faced by Debt Recovery Tribunals (DRTs) : An In-depth Analysis" aims to provide a comprehensive examination of the significant challenges encount...

In the realm of debt financing, the securitization of immovable property—primarily land and buildings—through mortgages forms a cornerstone of lenders' risk mitigation strategies. This prac...

Life doesn't always go as planned, especially when it comes to money. Maybe you took out a loan with every intention of paying it back on time, but then things took a turn—job loss, a medical...

In this digital era , where the most of the payments being made digitally, through UPI or Net Banking, it is still a norm in many situations to make payments via specific instruments such as ch...

Section 139 of the Negotiable Instruments Act, 1881 (NI Act), serves as a cornerstone in ensuring the credibility and reliability of negotiable instruments, particularly cheques. This provision...

The Negotiable Instruments Act, 1881 (NI Act) is a cornerstone of Indian commercial law, governing negotiable instruments such as cheques, promissory notes, and bills of exchange. Section 139 o...

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act,2002 (SARFEASI Act) stands as important legislative measures that aims to address the issue of...

This scholarly article undertakes a meticulous examination of white-collar crimes in India, focusing on their prevalence, underlying causes, and the profound socio-economic impact they exert on...

Ayodhya Rami Reddy Alla, a prominent businessman and founder of the Ramky Group, has emerged as a key player in a recent lawsuit in the domains of corporate transactions and tax law. In relatio...

Deposit Scheme:A deposit scheme is a financial arrangement whereby a person or entity gathers money from the public, generally with the commitment to return the funds after a designated period,...

Banking connections are significantly told by the way the banking business is changing due to internet banking. In order to withdraw cash, deposit a check, or get an account statement, one no l...

On August 9, 2024, the Indian government introduced the Banking Laws 2024 bill in the House of Parliament. This bill represents a significant shift in how the banking sector will be regulated, ...

Background: The Indian marketplace exhibits a pronounced predilection for gold, ostensibly predicated upon consumer perceptions of its investment and aesthetic utility. Paradoxically, this pro...

With its headquarters located in Lucknow, India, Sahara India Real Estate Corporation Limited is a conglomerate with a wide range of commercial interests, including manufacturing, information t...

The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ("CIRP Regulations"), which outline comprehensive rules for managi...

The conflict between the Insolvency & Bankruptcy Code, 2016 and The Prevention of Money Laundering Act, 2002 has been a persistent issue in India's legislative landscape for decades, with n...

Case Analysis: Vivek Narayan Sharma v. Union of India (WP (C) No. 906/2016) and Other Connected Matters Bench: Hon'ble Mr. Justice S. Abdul Nazeer ...

Tax laws significantly influence the business environment in any country, shaping investment decisions, business structures, and economic growth. In India, a complex tax regime historically pos...

In an effort to modernise the Indian economy and promote international payments and cross-border trade, the Foreign Exchange Management Act (FEMA) was introduced in 1999. The Foreign Exchange R...

In recent years, corporate restructuring through mergers and acquisitions has grown in prominence within the business environment. Initially encouraged by governmental bodies in India, this str...

India's Insolvency and Bankruptcy Code (IBC) has undergone significant amendments in recent years, marking a crucial evolution in the country's approach to corporate insolvency and restructurin...

Post Office Act 2023The post office bill was introduced in the Rajya Sabha and passed from the Rajya Sabha on December 4 2023 and from Lok Sabha on December 18. It has officially come into effe...

A Bill of Exchange is a written order used primarily in international trade that binds one party to pay a fixed sum of money to another party on demand or at a predetermined date. It is similar...

White-collar crime, consisting of non-violent crimes committed by people in positions of trust and authority, is a complex issue with a long history. Frequently seen as a contemporary problem, ...

The global economic landscape has witnessed a transformative shift towards a cashless society, with governments worldwide implementing policies such as demonetization to encourage digital trans...

Holder: "Holder: The "holder" of a promissory note, bill of exchange, or cheque means any person entitled in his own name to the possession thereof and to receive or recover the amount due the...

Occurrence of the events of disability or default to fulfill financial obligation among debtors is an inevitable predicament in the commercial world; it is however imperative, to evolve a resil...

Stock prices are influenced by a myriad of factors, including company performance, economic conditions, and even the often unpredictable sentiment of investors. While natural market fluctuation...

Purpose and Aim of the Study The advent of multinational banking companies in India has introduced significant challenges, affecting not only the banking public and online service providers but a...

Section 143-A of The Negotiable Instrument Act, 1881 deals with the power of the Court to grant interim compensation to the complainant. Section 143-A was introduced on the statue book by Act N...

Financial Creditors assess the financial health of the debtor's business and, if any, other possibilities for its rescue and revival throughout the corporate insolvency resolution process. The ...

The Reserve Bank of India (RBI) has banned Paytm Payments Bank from onboarding new customers due to non-compliance issues. This means that Paytm Payments Bank has been barred from accepting fre...

'Digital wallets' have gained popularity in India and other regions in recent decades. A digital wallet is a platform that allows individuals to carry out electronic transactions utilising elec...

Banks are licensed financial institutional bodies that accept and store deposits and provide credit to their customers and uses the deposited money to grant loans to the customers as needed and...

The Securities and Exchange Board of India (SEBI) has introduced, "Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendments) Regulations, 2024". The amendment aimed to...

The Insolvency and Bankruptcy Code (IBC), 2016 is a crucial legislative framework governing corporate insolvency and restructuring in India. It distinguishes between operational debts arising f...

The Goods and Services Tax (GST) Act, 2017, introduced a paradigm shift in India's indirect tax regime. One of the key aspects of this transformation is the classification of bundled supplies i...

The insolvency regime in India has allegedly undergone a paradigm shift as a result of the IBC. The Committee of Creditors' business judgment is given precedence in the institutional form of th...

The international banking landscape has been pivotal in the development of the worldwide economy and has undergone a journey of transformation characterised by cross-border tactics. Owing to th...

Dishonor of a cheque is secured under the Negotiable Instrument Act 1881. Now let's first understand what's the Negotiable Instrument Act and then proceed further. As per Section 13 (1) of NI ...

The international banking landscape has been pivotal in the development of the worldwide economy and has undergone a journey of transformation characterised by cross-border tactics. Owing to th...

This article examines the development of negotiable devices throughout history, emphasizing the crucial role that traveling buyers had in settling difficult circumstances and promoting more sta...

The FCRA, also known as the Foreign Contribution (Regulation) Act of 2010, serves as a regulatory framework in India for monitoring the inflow and utilization of foreign contributions. Its main...

Banker - Customer RelationshipSection 5 (b) of the Banking Regulations Act 1949 defines the bank as a financial institution. According to the section, "The bank accepts, lending money or invest...

The Reserve Bank of India (RBI) is tasked with regulating the monetary policy of the nation, with setting interest rates being a key aspect. This assignment delves into the mechanisms through w...

'In Indian law, disputes arising from dishonored cheques are increasingly prevalent. Section 138 of the NI Act[1], which criminalizes cheque dishonor for insufficient funds, has seen countless ...

Sub-ThemeEquity Crowd funding: Investigate the opportunities and legal frameworks surrounding equity crowd funding for startups Introduction Crowd funding is a term used to describe a mass co...

Whenever we are taking about digital money, we ought to realize what is really implies, an advanced cash in which exchanges are checked and records kept up with by decentralized framework utili...

SEBI, also known as the Securities and Exchange Board of India, is a legally mandated governing body responsible for overseeing and managing the securities industry in India. Established on Apr...

Lending constitutes the primary operation of banks, essential for fostering economic growth by channeling funds to various sectors. However, it inherently carries risks, requiring banks to adop...

During the British administration in India, the British brought modern banking as it had evolved in England. Naturally, today's Indian banking resembles that of the United Kingdom. However, thi...

Earlier the economy of all the countries was cash driven, meaning that the transaction was carried out solely by using cash as a medium. But this arrangement has been changing lately as, the mo...

Understanding Merger and Acquisition: When one companies takes over the other or acquire other company is called acquisition and on the other hand the merger means two firms precisely of same ...

The Research article looks at the rules that govern Mergers and Acquisitions (M&A) in investment banks. A deep look at how investment banks follow the rules, how the market sees things, and...

Bank fraud is a widespread financial crime that takes advantage of flaws in banking systems, jeopardising the integrity of financial institutions and the trust of their customers. This illegal ...

The problem of people cheating Indian banks and escaping with large sums of money has been a complicated and multi-dimensional issue. It encompasses a wide range of factors, including weaknesse...

It is very evident that contrary to many other well-defined terms in the global lexicon, the United Nations has yet to furnish us with a concrete definition of climate finance. This absence of ...

Section 138 of NI Act, 1881Section 138 to 148 of Negotiable Instrument Act, 1881 talks about Penalties in case of Dishonour of Cheque due to insufficient funds in the account. we will see the s...

Does the legislation pertaining to e-banking in India, such as the RBI Act, 1934 and the IT Act, 2000, adequately handle the legal and security issues in the banking industry? Introduction ...

This paper aims to conduct a thorough comparative analysis of the debt resolution procedures for individuals in India, Canada, the United Kingdom, and Dubai. The analysis is done to highlight s...

While Rome wasn't constructed in a day, Nagasaki and Hiroshima were demolished in a single day. The financial markets and sectors are so intertwined that the collapse of one would bring down th...

In a globally interconnected economy, commercial activities and financial transactions frequently surpass regional boundaries. Consequently, the task of collecting debts across international bo...

As the foundation for both economic growth and financial stability, the banking and financial sector is crucial to India's economy. However, a growing number of incidences of fraud, forgery, an...

Socio-legal research identifies the problems likely to arise in the future for decision, and indicates how the principles can be adapted to the solution of such problems. In a society where spe...

Internet banking, also known as online banking or e-banking, is a financial service that allows customers to conduct a wide range of banking activities and transactions over the internet. Th...

Firstly, we have to understand the full form the of said act Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest. Sarfesi Act allows banks and other fina...

Introduction: Initially we have to understand the full form of the said act Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest. SARFAESI ACT, allows ...

In recent years, the Indian financial system has seen a large rise in the proportion of digital lending, which provides both consumers and enterprises easy access to credit. The absence of rule...

As per New York time in its article dated 27th Feburary,2023 quoted that SPAC is "a new way for the rich and recognized to flex their status and wealth". Corporate sectors involved amalgamation...

When a person or business is unable to pay their debts, they are said to be insolvent. It is the circumstance in which a person or company's assets are insufficient to pay off all of their debt...

Insolvency and bankruptcy code was established on 2016. IBC was introduced to resolve financial problems of company, organizations and individuals. IBC have four pillars and through these pilla...

Is Bitcoin Halal?Introduction In recent years, investors have taken a liking to cryptocurrency. As of November 2021, the most prominent form of digital currency, Bitcoin, reached its highest p...

E-banking is the delivery of banking services via electronic means, with customers having unlimited access to data regardless of time or location. With a vast number of prospective consumers, I...

Corporate rehabilitation and insolvency laws are crucial for the smooth functioning of any economy. In this comparative study, we will analyze corporate rehabilitation and insolvency laws in In...

Facts Of The Case: The appellant (K . Pushpangadan) took a loan for agricultural purposes from the bank. He files a suit for recovery of the money advanced by the bank. As per the terms of the...

Cryptocurrency is digital money that doesn't require a bank or financial institution to verify transactions and can be used for purchases or as an investment. Transactions are then verified and...

The recent tussle between Section 327(7) of the Companies Act,2013 and Section 53 of the Insolvency and Bankruptcy Code,both of which hold significant implications for stakeholders in the corpo...

The Negotiable Instruments Act, 1881 is a pivotal law in India that governs the use of negotiable instruments such as cheques, promissory notes, and bills of exchange. As a specialist lawyer in...

Insolvency Bankruptcies Code was introduced in India in October 2016. IBC is a code to help the company make a comeback in the market after filing for bankruptcy. The Code of IBC was focused on...

The Insolvency and Bankruptcy Code (IBC), promulgated in 2016, has significantly changed the Indian bankruptcy landscape. The limitation period is the maximum amount of time that a creditor or ...

In India, Non-performing assets (NPAs) have posed an enduring challenge for banks, affecting their financial stability and hindering economic growth. To tackle this issue, the Indian government...

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interests Act, 2002, also known as the SARFAESI Act, came into force in 2002. The main objective of this Ac...

In today's world, where the mantra is 'retire early, retire wealthy', everyone is trying to maximise their income by trying to have their own side-hustle or some form of passive income apart fr...

The Indian Stock Market, in small doses, can act as fuel to move us sky-high, essentially when we are feeling discouraged. For some people stock market is a wish-granting factory and for some i...

Case Background: This case involves an Appeal filed under Section 62 of the Insolvency and Bankruptcy Code, 2016 (IBC) by India Resurgence ARC Private Limited (the Appellant) against the NCLAT...

In 1926 the Royal Commission (young Hilton Commission) on Indian Currency and Finance recommended RBI. In 1927 bill was introduced but failed. In 1933 Bill was again introduced and passed in 19...

Before 1949, the banks were supervised under the Companies Act, 1913, but this Act was not sufficient to regulate banks because there was no guarantee of money, fraud, poor liquidity of banks. ...

After the banking crisis in Bengal in the year 1946 and 1948, it became an important task to come up with a scheme to insure the deposits which were kept in banks by the general public and the ...

When there is a contract between parties, one cannot rule out the possibility of disputes, be it in Local or International contracts. Generally, there are many reasons which may lead to dispute...

Digital currencies are known as cryptocurrencies. To process transactions that are validated and recorded in a decentralized - as opposed to the centralized - system, they use distributed ledge...

The market for financial technology, or "FIN-TECH," has been growing rapidly in recent years. attracting the most FDI and promoting market adoption holistically. The combination of a financ...

The rural banking sector plays a vital role in the economic development of rural areas. One significant aspect of rural banking is the establishment of cooperative credit societies. These socie...

Fighting cases under the Indian Payment and Settlement Systems Act, 2007 (PSS Act) requires a strategic and well-informed approach. The PSS Act governs various aspects of payment and settlement...

Arbitration is a legal process that involves resolving disputes outside of court, typically through the involvement of a neutral third party (arbitrator) who listens to both sides of the argume...

The Insolvency and Bankruptcy Code (IBC) 2016 is a comprehensive law relating to insolvency and bankruptcy in India. It provides a time-bound and efficient resolution process for insolvent enti...

Private equity buyouts have become a significant force in the global financial landscape, with far-reaching implications for businesses, economies, and stakeholders involved. Private equity buy...

Are you curious about the legal status of digital currencies in India? Well, it's no surprise that things are a bit hazy in that regard. Despite the growing popularity of digital currencies, th...

The Supreme Court of India, in the case of Vidarbha Industries Power Limited v. Axis Bank Limited, rendered a decision on July 12, 2022. The court concluded that Section 7(5)(a) of the Insolven...

In the earlier era, there were comparatively low choices to invest in the financial market. The rapid growth of the digital world has uncluttered various ways to earn return on investments. Eve...

Restructuring is an act in which a lender, for economic or legal reasons relating to the borrower's financial difficulty, grants concessions to the borrower. The restructuring would normally in...

A share warrant is an agreement between a person and a corporation that entitles the person to trade company shares at a certain price on or before a specified date. They are frequently given o...

The pledge is defined as security for the fulfillment of a contract or the payment of debt and is liable to forfeiture in the event of failure. The main motive for pledging the shares is to rai...

What Is Pay Commission? Pay commission is a body set up by the Central government that reviews and recommends changes to the salary structure of the employees. This panel also reviews the bonu...

Naresh Kumar Sharma V. Shekhar resorts (689 of 2020) Introduction This appeal has been preferred by the suspended Board of Directors of 'M/s Shekhar Resorts Limited' (Corporate Debtor) by AA (N...

Indrajit Power Private Limited- Petitioner v/s Union of India and Others- RespondentW.P. (C) 5408/2021 Decided on May 31, 2021, By Delhi High Court Factual Analysis Of The Case The company (I...

The Apex Court held that the Post office/Bank can be held liable for frauds or wrongs committed by its employees. This is vicarious liability where the employer is liable for the wrong committe...

Investment is fundamental to reduction of poverty as it increases economic growth and production efficiency and creates more jobs. A sound macroeconomic climate encourages all firms - small, me...

The practise of buying back shares of stock from current shareholders, either through a tender offer or on the open market, is known as share buyback. In this scenario, the price of the shares ...

The Insolvency and Bankruptcy Code (IBC) 2016 is a landmark legislation that introduced a a comprehensive framework for resolving insolvency and bankruptcy cases in India. However, since its im...

Introduction: A Historical Perspective We reside in a global village where no nation is perfectly sovereign. Trade and commercial activity take place across international borders. We cannot pass...

An open and efficient international economic system depends on foreign direct investment (FDI), which also serves as a significant development driver. However, the advantages of FDI are not dis...

In this article you will be seeing the instances where the High Courts has intervened in the matters of IBC. This article also demonstrates the cases where the High Court curtailed the power of...

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is a crucial legislation enacted by the Government of India to address th...

As according to Dr. Herbert L. Hart, an author on Law of Banking who based on a number of legal decisions, defined the term "banker" as "A banker is one who in the ordinary course of his business, ...

The Ministry of Health and Family Welfare, Government of India, and Medical experts of the country brought a temporary but effective solution to tackle covid 19 virus pandemic in India, before ...

The COVID-19 pandemic has caused a significant impact on the global economy, resulting in the layoff crisis in various sectors. The study focuses on understanding the magnitude of the layoff cr...

The Indian equity trading market consisting of securities, exchange traded derivative contracts like F&O's has become a lucrative option for NRIs looking to diversify their investment activ...

A company is not known just by it's name but by the financial strength of its management, the market reputation of the Chairman/Managing Director or the promoter group. When a bank sanctions lo...

Microfinance, involving extension of small loans and other financial services to low socio income groups, could be a very important economic conduit designed to facilitate financial inclusion a...

This report aims at addressing the covid-19 crisis more specifically, how it devastated Banking systems in India. Banks are an important part of the flow of money, anything affecting people's f...

Economically, the worldwide COVID-19 outbreak was devastating and impacted all areas of the financial sector. The pandemic created a number of distinct issues, particularly for financial instit...

The Insolvency and Bankruptcy Code, 2016 regulates the insolvency or bankruptcy of individuals, partnership firms, LLPs, and corporations. The Insolvency and Bankruptcy Code empowers creditors ...

A Contract of Guarantee refers to a Contract wherein one party promises to save the other from suffering any losses due to the non-performance of the promise of another. There are essentially t...

Loan Settlement is often mistaken with the term loan closure. But these are two different terms. Loan settlement means when a borrower fails to repay a loan due to unavoidable circumstances. De...

In the early stages of a startup when founders are figuring out the Product-Market Fit and trying to hit the escape velocity, fundraising for business can be a daunting task. Raising investment...

The prevention of Money Laundering Act was enacted in the year of 2002. After enactment of this Act various provisions were challenged by questioning the constitutional validity in various peti...

In India, the Insolvency and Bankruptcy Code (IBC) was introduced in 2016 to address the issue of sick companies and debt recovery. The IBC aims to provide a timely and efficient mechanism for ...

A bank is a financial institution that accepts deposits of money from customers and provides a range of financial services, such as loans, mortgages, credit cards, and investment products. Bank...

RBI Act, 1934Preamble An Act to constitute a Reserve Bank of India. To regulate the issue of Bank notes and the keeping of reserves with a view to securing monetary stability in 2 [India] and g...

Negotiable Instrument Act, 1881 Enacted on - 9th December 1881 Came into force on - 1st march 1882 Extends to whole of India Law relating to - Not relating to - promissory notes treasury bi...

A cheque refers to an instrument in writing which contains an unconditional order, addressed to a banker and is signed by a person who has deposited his money with the banker. This order, requi...

A credit card is a financial instrument issued by the bank to the customer to make cashless transactions or withdraw money up to a certain credit limit pre-determined by the bank with the abili...

As per the recommendations of Bankruptcy Law Reforms Committee, the Parliament of India enacted the Insolvency and Bankruptcy (IBC) 2016, for addressing the alarming levels of non-performing lo...

The present reference arises from a question mark over the legal right of the borrower to initiate proceedings before a Civil Court against the bank or financial institution, which seeks to rec...

India is one of the world's largest economies, ranking fifth after the United States, China, Japan and Germany. In recent years, India has been experiencing a surge in commercial borrowing am...

Citation: 2023 SCC OnLine SC 15 The Supreme Court observed that the dues under the Micro, Small, and Medium Enterprises Development Act, 2006 would not prevail over the SARFAESI Act. The sig...

A central bank, sometimes known as a monetary authority or a reserve bank, is an organisation that regulates the production of currency in an economy, as well as the interest rate and exchange ...

Negotiable Instruments (NI) The Law of Negotiable Instrument is regulated by The Negotiable Instruments Act ( Hereinafter referred to as NI Act ) 1881, subject to s.31 and 32 of RBI Act. The ...

The Supreme Court bench comprising Justices AM Khanwilkar, Dinesh Maheshwari and CT Ravikumar delivered the verdict in Noel Harper and Ors. v. Union of India (W.P. (C) No. 566/2021) with other ...

In the order to realise the effect and plannings of Hon'ble Finance Minister 's goal of inclusive growth and in a sustainable way in the budget speech of 2019-20 by harnessing the powers of the...

Introduction and Objectives The Insolvency and Bankruptcy Code, 2016 (Code) was enacted by the legislature as a key mechanism for addressing the companies/ partnership firms/ individuals (Corp...

The introduction of Insolvency and Bankruptcy Code, 2016 brought a drastic trade within the Indian insolvency regime. Just like in some other international locations in the World, the surprisin...

The treatment provided to certificate of sale issued by an Official Liquidator under the Insolvency and Bankruptcy Code, 2016 read with the relevant Rules is different with respect to dif...

What is meant by Governance?The term Governance encompasses an inherent system by which an organizational setting gets controlled and operated, and the mechanisms by which it, and its people, a...

In the process of financial intermediation, banks are confronted with various types of financial and non-financial risks, such as credit, interest, foreign exchange, liquidity, stock price, com...

The Reserve Bank of India (RBI), a pillar of the booming Indian economy, is the nation's central monetary authority and works to keep the market's prices stable. The RBI's main duty is to contr...

Mergers and acquisitions (M&As) are the most popular method employed by companies to further their market dominance. Mergers and acquisitions are often regarded as a swift and effective str...

AI (Artificial Intelligence), often referred to as machine intelligence occasionally, is the simulation of human intellect in machines. It is the intelligence that machines display, as opposed ...

Bench Strength The Judgement of this case is given by 3 judge division bench comprising justice Rohinton Fati Nariman, Justice S. Ravindra Bhat, and Justice V. Ramasubramanian. Area Of Law T...

Recently, the Hon'ble Supreme Court in the case of Kotak Mahinda Bank Limited vs A. Balakrishnan & another (Civil Appeal No.689 of 2021) has held that any liability arising out of a recover...

FDI into the Indian market is governed by the Foreign Exchange Management Act, 1999 (FEMA). A few statutory bodies bring out notifications time and again to amend or clarify the Indian position...

The purpose of the Act is to prevent money laundering and to confiscate the property derived from the same. Directorate of Enforcement is the agency which enforces the provisions of the act and...

The financial Assets for Indias effort to achieve success rapidly developing its economy. But slow pace of recovery of defaulting loans and escalating levels of Non-Performing Assets of the ban...

What Are Regulatory Obstacles?An international acquirer no longer faces any inconvenient hindrances to execute a hostile takeover of an Indian organization under India's current administrative ...

What Is Takeover Defence? Takeover defences incorporate all activities by directors to oppose having their firms acquired. Endeavours by target managers to overcome extraordinary takeover prop...

What Is Hostile Takeover?Hostile takeover in its fundamental quintessence implies a takeover which conflicts with the desires of the objective organization's administration and directorate. It ...

This article analyses the recent developments in the Insolvency and bankruptcy laws in India. This article explains the emerging developments to the Insolvency and Bankruptcy Code, 2016 with th...

In a recent judgment dated June 27, 2022 in Orbit Towers Pvt. ltd against Sampurna Suppliers Pvt. Ltd.[1], the NCLT Kolkata decided that a Corporate Guarantor is entitled to initiate insolvency...

The Insolvency and Bankruptcy Code 2016 ("Code") was enacted at a time when there was no unified law dealing with insolvency and bankruptcy in India. A careful reading of the Code's p...

The concept of Look-out circulars might be relatively new to Indian jurisprudence, however the rationale behind it is of yore, and has been well-established as to how kingdoms and republics wou...

Contract of guarantee is defined in Section 126 of the Indian Contract Act. It explains a guarantee contract as a contract to execute a promise or relieve the responsibility of a third party in...

How do you defend your property from a Bank Recovery Process? What are the courts & tribunal and related provisions in law that secures you from exorbitant penal Interests, penalties an...

It has been estimated that the in the Public Sector Banks, the NPAs percentage can go as high as 17.6% and the same statistics for Private Sector Banks show that the NPAs may rise up to a level...

Dishonour of cheques, commonly known as "Cheque Bouncing", in certain circumstances carry legal implications which can invite prison sentence of upto two years along with monetary penalty on th...

A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The sector of crypto continues to grow in India at a very rapid speed. India...

Rana Kapoor and Ashok Kapur started a private bank called Yes Bank in 2004. Until 2017 the asset of the company started showing very impressive growth. Yes Bank was the fifth largest private se...

Cheque bounce has been a familiar financial offence - it can bring civil as well as criminal charges against you. An incident of cheque bounce shall fall under criminal or civil matter, which i...

The National Company Law Appellate tribunal, Delhi vide its recent judgment gave its finding on the above referred issue in the matter of "Jaipur Trade Expocentre Private Limited Vs M/S Me...

The Apex Court's decision affirming the IBC's constitutional legitimacy is the subject of the current case study. The Court found that the Preamble of the IBC does not attempt to liquidate a co...

Factual Background Present appeal filed has been filed by Century Textiles & Industries Limited (will be referred to as writ petitioner) against the order dated August 02, 2010 passed...

TransUnion CIBIL (Credit Information Bureau India Limited) is India's leading credit information company with one of the largest collections of consumer information. It was established in 2000....

A cryptocurrency is a form of digital currency. It is considered to be more secure than real money. Cryptography is a technology used to safeguard cryptocurrency transactions. Cryptocurrencies ...

Corporate frauds are unlawful, and they are usually done by the betrayal of trust by those who have a fiduciary responsibility with the corporation. The Satyam Scam is a classic example which c...

A legal clause which gives authority to the lender for seizing the deposits of the debtors when they default the loan is known as the set-off clause. When a creditor and the debtor have a mutua...

What is a bank merger? Why do banks merge? Pros and cons of a bank merger? What is the reason behind bank mergers in India? Let's start by answering these 4 basic questions first before proceed...

Income tax filing in Mumbai might seem complicated, but it is quite straightforward. Check out this guide on how you can file your income tax return without worrying about any mistakes. Inc...

Meaning: A Credit Cooperative Society is an independent group of people belonging to the same class, come together voluntarily to tend to they are common, economic, social and cultural agendas a...

A contract is a promise which is enforceable by law. The promise may be to do something or not to do something. A contract must have two or more parties. Wherein one party makes the offer and t...

"IBC must stay on, the defaulter's paradise in lost" - Swiss Ribbons SC ruling The legal framework for matters relating to insolvency and rearrangement process of corporate entities, partners...

Through a recent decision in Union Bank of India Vs Rajasthan Real Estate Regulatory Authority & Ors, the Hon'ble Supreme Court delivered a significant order placing the interests and the r...

Mergers and Acquisitions in a business are crucial to helping a business expand in size or territory and assisting a business in diversifying risk. In an M&A environment, value isn't define...

The Banking sector plays an important role in generating revenue in our economy. It also plays an important role in the financial life of a business. Although no wealth is created by banks and ...

India has over 572.2M internet users as of 2021[1]. The increase in technological usage gave rise to a new revolution in India. It is India's finance technology that has been rising since the 200...

As technology advances, the adoption of the advancements and other organizational forms have been normalized and driven by a collective sense of what the future is and will be. Hereafter, India...

Cyber-crimes in the 21st Century has emerged to be one of the most lethal revengeful weapon that any person can use to threaten or cheat someone. The active internet users as per the latest rep...

Insolvency proceedings in India are governed by the Insolvency and Bankruptcy Code. Having come into force in the year 2016, the bill seeks to regulate and streamline the insolvency proceedings...

The Securities and Exchange Board of India (SEBI) is a statutory body established in April, 1992 which regulates and provides a cloak of protection for investors in the securities markets in In...

The stock market is filled with individuals who know the price of everything, but the value of nothing. - By Phillip Fisher. Abstract A financial or economical crisis is a situation in which...

The term Negotiable means transfer by endorsement or delivery & therefore the term Instrument means any legal instrument in writing, which is made in favour of a person. As a result, Negotiable...

Negotiable Instrument act was enacted before our country got its independence therefore most of the provisions in the act are supported by English statute. After the independence, certain amend...

State Bank of India (SBI) is the oldest commercial bank in India. It was constituted under the State Bank of India Act, 1955 (Act No. 23 Of 1955). It is an Indian Multinational public sector ba...

Cryptocurrency has become the favourite topic of dinnertime conversations all around the globe. Alike other investments, its novelty attract people with a hope to tap huge profits in very less ...

The Indian economy started with a miniscule size of just 2.7 lakh back in 1947. Today it wears the crown of the world's fifth largest economy. Estimates of the Bank of America claim that in no ...

India has been a member of the WTO since its inception in 1995. WTO is sometimes referred to as the 'free trade' institution seeking to promote multilateralism and a rule-based system in the co...

"Shareholder value get lost when things are done illegally, when principles of corporate governance are not adhered to, when cohesive action is not taken"- Cyrus Pallonji Mistry Intr...

The bailment of goods as security for payment of a debt or performance of a promise is called pledge The bailor is in this case called the pawnor. The bailee is called pawnee1 The goods can b...

Help! I have got heaps of debt. What's the simplest option? Bank consolidation or Bankruptcy? So, if this question is bothering you, then take a look at this article to solve all of your dou...

An investment trust is a trust that pools the savings of many investors who share a common financial goal. The money collected in this way is invested in capital market products such as stocks...

The need for banking law conceives its roots within the subject towards the socio-monetary prices that stand up out in case of breakdown of the banking system or that of financial institution scr...

Micro, small and medium enterprises have always been one of the main growth engines of the Indian Economy. In recognition of their contributions, the Indian Government has formulated various in...

Cryptocurrency is one of the underlying concepts of block chain technology where end to end transactions remain encrypted and one is not able to know the user when the transaction happens, as w...

The custom of borrowing and lending money has been prevailing in the society since ages. Since humanity began to engage in any type of commercial transaction, the concept of banking has existed...

The future of money is digital currency.--Bill Gates With the ongoing advancement of the internet in all aspects of human life, the exchange of money in cyberspace was very well explored. With...

Internet Banking in India: The Retail Habits, Internet Banking/ Card Fraud & the Preventive- Remedial Measures I dream of a Digital India where Cyber Security becomes an Integral Part of ...

The exchange market or Forex is a globally decentralized or OTC (Over the top) marketplace for the trade of currencies. This market determines exchange rates for each global currency. It holds ...

Foreign investment has increased dramatically in India as a result of successive governments' policies and trade liberalisation. The government's liberalisation programme has resulted in the coun...

A guarantee contract is regulated by the Indian Contract Act, 1872, and consists of three parties (principal debtor, creditor, surety) one of whom serves as the surety in the event that the def...

The pandemic has forced upon us many habits. One such habit is digital payments. People who have never paid a bill online are paying online. The COVID-19 epidemic has dramatically boosted the u...

On 8th June 2020, the Ministry of Finance through the Department of Financial Services issued a notification under the Statement of Reason titled Decriminalization of minor offences for improving...

Facts: The Supreme Court appeal arose from a complaint brought in the trial court by one Thomco's Bank in Trivandrum against the appellant N.S. Anirudhan and one V. Sankaran. V. Sankaran was sued...

How do I file a Compounding of Contravention application under the FEMA Act of 1999? Conceptual Framework What does compounding of contravention mean? Compounding is the settlement of a...

With the evolve of the Cyber space in our day-to-day routine, we the human being are going deep into this cyber eco-system with a rapid pace, and the concept of digital signature is one of them, ...

This paper contains the details of the case of Mehul Choksi, a fugitive businessman of India. He has been charged with various offences including Punjab national Bank Fraud Case, Money-Launderi...

Banks were never so serious in their efforts to ensure timely recovery and consequent reduction of Non Performing Assets (NPAs) as they are today. It is important to remember that recovery man...

The Cambridge Dictionary defines Peer as a person who is the same age or has the same social position or the same abilities as other people in a group.1 As the phrase Peer-to-Peer Lending2 s...

With the rapid development in the era of technology, there are a lot of new opportunities developing around the world rapidly. The most influenced sector due to this rapid change in information...

The cyberspace is increasingly used by organized criminal groups to target credit cards, bank account and other financial instruments for fraudulent transactions. Online fraud is considered to ...

When one is trying to do business or deal with the brokers or any of their legal spokesman there are a lot of proceeding fees that one need to pay for every transaction to conduct. Above this, ...

Negotiable Instrument is the combination of two words i.e. negotiable and instrument. Negotiable means transferable and instrument is a written document. Negotiable Instrument should be of such...

Purport: Due to chronic financial crises experienced during last several decenniums perpetually and a failure to forfend investors rights as a result, the world is probing for an alternative form...

Mutual fund is a trust which is established to raise money from lot of small and big investors this money is then invested in securities like stocks , bonds and debt . According to Global Finan...

The Insolvency and Bankruptcy Code, 2016 (IBC) not only allows the insolvency proceedings of the insolvents but the Code also lays down provisions for those solvent companies who want to dissol...

Have you ever wondered if there is any easy way of transferring money and complete transactions  without having to deal with online wallets, banks and third-party applications? Well, its poss...

So long as there's a mindset that the home is a private space even when it's a workplace, and domestic work is just house work and not ‘proper' work, the apathy of the State towards the pli...

RBI has provided a smooth and straightforward process to file a complaint against any bank or NBFC. The procedure can be completed online and is as simple as filling an online Google form. To b...

Crowdfunding is an arising strategy that is utilized on the other hand for raising capital. It's anything but a strategy in which little gifts or ventures are raised by various people over the ...

Given India's significance as a market for multinational corporations, M&A transactions are likely to increase in the coming years. In addition, at a time when businesses are looking to div...

The Insolvency and Bankruptcy, 2016 (IBC) was introduced in Lok Sabha in December 2015. It was passed by Lok Sabha on 5 May 2016 and by Rajya Sabha on 11 May 2016. The code got the assent of th...

The National Bank for Financing Infrastructure and Development Bill, 2021 (the Bill) was introduced in Lok Sabha on March 22, 2021. The National Bank for Finance Infrastructure and Development ...

Technology has transformed the way we do exactly about everything from shopping to socializing and it’s also turning the financial services industry on its head. Over the previous couple of y...

Securitization is a process in which certain types of assets are pooled together so that they can be repackaged into interest-bearing securities. The interest and principal payments from the as...

Investment is one of the major political planks of the present political regime which help them to retain the throne. The government is also taking investment friendly steps to meet their promise...

Banks play vital role in the economic development of a country. Banking and financial sectors are undeniably the strongest backbone of any economy. This attributes to a country’s economy bein...

A cryptocurrency is a digital currency that does not typically exist in a physical form, unlike banknote currency which is issued by the central bank. It is a concept designed to work as a wher...

Our Constitution guarantees us the right to life, as has been laid down under Article 21, stating that no person shall be deprived of his/her personal liberty except according to the procedure ...

Non-Banking financial companies play an important role in access to financial services enhancing competition and diversification of the financial sector. There are various types of institutions...

According to Section 148 of the Indian Contract Act, 1872 bailment is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accom...

“Fraud and deceit are anxious for your money. Be informed and prudent.” - John Andreas Widtsoe Business is done on trust, when someone breaks this trust liabilitie...

Insider Trading in monetary markets refers to trading in securities like equity and bonds by company insiders who have access to exclusive info concerning the establishment of a particular secu...

The recommendations of the Report of the Narasimham Committee on the Financial System 1991 introduced financial sector reforms in India and the aim was to put the accounting system in place. Po...

Legislations criminalising minor offences such as cheque dishonouring are becoming redundant as the economy shifts away from cheques and toward various other means of payment. The clause making c...

Bank guarantees fall under section 126 of the Indian Contract Act 1872 i.e., the Contract of guarantee. They are furnished by the promisor from the bank to pay the promisee in ca...

Non-banking financial company (NBFC) is financial institutions which are registered under the Indian Companies Act of 1956. The operations of these institutions started in 1960s but their signi...

After 2 years, on 4th March, 2020 the Three-Judge Bench of Supreme Court of India comprising of J. Rohinton Fali Nariman, J. Aniruddha Bose and J. V. Ramasubramanian made clear that use of crypto...

In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in econo...

Cryptocurrency for the first time emerged in the form of bitcoins in the year 2009 and its technology is even older. But they gained popularity in recent years. Cryptocurrency works in a dece...

Introduction The entire world has been suffering from the pandemic since 2019 and has been witness the crisis on its economy due to the pandemic. Covid-19 has also impacted the micro, medium a...

The concept of insolvency & Bankruptcy is a way of providing relief to the justified entity under the unforeseen event. There is no single umbrella legislation in India that governs the ins...

The rights of 3rd party security providers under the Insolvency and Bankruptcy Code 2016 have been the subject of much debate and discussion. Under a financing transaction the parent, associate...

Since the workers have lower socio-economic standards, there was always the requirement to pay their dues both legally and socially. During resolution process of the companies, the debtors used t...

There has been a long-standing debate in the courts regarding the balancing of interests of the financial creditors (banks) with that of the tenants of the defaulting landlords. In such a scena...

This research paper aims to analyze the behavior of various mergers and acquisitions that have taken place in the Indian Banking sector. Several International and Domestic banks are engaged in ...

Banks in India are highly regulated and are very closely monitored by the regulator i.e. by the [1]Central Bank of the country. The main reason for such close supervision is that a bank is not ...

In the Banking Sector of the Indian Economy, it has become a trend for many years that the ‘Bad Banks’ or banking institutions giving minimum profit or maximum losses to the government had ...

Infrastructural development and social development are critical inputs for the growth of the Indian economy. These projects are highly capital intensive and require huge investments. Our countr...

It is common knowledge that all consumers have maximum faith in Banks when they park their hard earned money in the Bank Accounts/ Fixed Deposits or their jewellery, cash & valuables in Ban...

The SC in its recent landmark judgement on November 15, 2019, in COC of Essar Steel India Limited through Authorised Signatory v. Satish Kumar Gupta and Ors, has stemmed from the fact that si...

Unlike the other cases wilful defaulters are those lenders who may repay the loans but are refuse to do so as explained in the master curricular[1] on willful defaulter published by the RBI of ...

There are numerous cases of the oppressive and illegal conduct of recovery agents attempting to recover pending dues for the banks' benefit. In the past few years there have been many such inst...

The country has witnessed the inundation of corporate houses, especially post 1991 LPG policy. These corporate houses, in order to survive and expand in this competitive economy, are invariably...

A Fundamental research about the complicity of use of crypto currency and kind of crypto currencies around the world, when there are 5 developed countries recognized the use of bit coins while ot...

This article aims to look deep into the arena of the jurisdiction of both the legislations i.e Security and Exchange board of India Act, 1992 and Insolvency and Bankruptcy code, 2016 which are ...

When we talk about cryptocurrency, we recall the word bitcoin. This connection is way too similar with the idea of recognizing photocopy with the word xerox. However, there are many other crypt...

Governor of Reserve Bank of India Shaktikanta Das during the question-and-answer session at the 39th Palkhivala Memorial Lecture said, If there is a proposal to set up a bad bank, the RBI ...

A cryptocurrency is a medium of exchange that is , encrypted, decentralized and digital. There is no central authority to determine the value of cryptocurrency. Instead, the value of cryptocurr...

Cryptocurrency: sounds complex? Let us break it to understand what this word means. 'Crypto' refers to 'hidden' or 'secret' and 'currency' refers to the medium of exchange that is used to buy o...

Aurum or gold is so ancient and so exorbitant that it is mentioned in the Greek mythology as the shinning dawn. In some cultures like that of India, this humble shinning metal has secured a per...

Instances of fraud, corruption and deceit are widespread in the societies of the world. In an atmosphere where suppression of facts is encouraged, mainly because the perpetrators of the crimes are ...

Abstract[1] The the virtual world demands regulation, banning will only curb the growth of the country In the present article, the aim of the authors is to analyze the status of cryptocurrency vi...

Specifics related to the contract of guarantee is governed under the principles of Indian Contract Act, 1872 and is mentioned in chapter VIII of the Contract Act. For a layman to understand a c...

Facts A company named M/s Uddhyaman investments Pvt Ltd claimed itself to be the financial creditor (FC) and moved an application before the National Company Law Tribunal (NCLT) Chennai, under Se...

In an order dated December 2, 2020, RBI has asked HDFC Bank, one of the biggest private lenders, to temporarily stop all launches of its digital business generating activities under its Digital...

Judgements rendered by the Supreme Court in Innoventive (2018 (1) SCC 417) and Pioneer (2019(8) SCC416) under the Insolvency and Bankruptcy Code, 2016 need reconsideration by a larger bench to ...

The Insolvency & Bankruptcy Code (BC the Code) was introduced as a tool for consolidation and amendment of the extant laws relating to reorganization and insolvency resolution of corporate ...

Demonetization is the act of relieving a currency unit of its  status as a legal tender. Due to change in nation currency the ongoing forms  of money is discarded and a new form of mo...

With COVID 19 being declared as a pandemic by the World Health Organisation, Ministry of Finance and the RBI collectively took decisions to ease the issues faced by borrowers which were not imp...

Liquidation of financial assets could be made by means of securities. Particularly the investor is a person who aims at investing financial assets against securities provided by a borrower. The s...

This article mainly focuses on the Insolvency and Bankruptcy Code, 2016, It is a detailed assessment of the code. This paper also explains the procedure of recovery of the Non-performing assets...

Today the false and fake cases are more than the genuine ones. Most of the Negotiable Instruments courts are flooded and burdened with cheque bounce cases filed under Section 138 of the Negotia...

The East India Company played a huge role in bringing the concept of public borrowing. The East Indian Company started borrowing during the eighteenth century to finance its campaigns in South In...

Claims arising out under the Arbitration and Conciliation Act, 1996 (Arbitration Act) has always behaved as the unbalancing power with the Insolvency and Bankruptcy Code, 2016 ('IBC'). The high...

The Insolvency and Bankruptcy Code (Code) was introduced in 2016 to expedite the process of recovery of loans. It codifies/ bankruptcy laws of India which aim at integrating the existing insolv...

RBI is the Central Bank of India, responsible for formulating the Monetary Policy of the country. Along with the Fiscal Policy, Monetary Policy is an important economic and governance tool to sha...

In a judgment of Supreme Court of India, given on 4rth march, 2020 in the case of Internet and Mobile Association of India v. Reserve Bank of India, the court bashed down the circular issued by...

As the disclosure states Mutual fund investments are subjected to market risk is not just a mere caveat but a decisive factor which the investors and their advisors should consider prior to the i...

Basel Norms are the norms issued by the Basel Committee on Banking Supervision (BCBS) for the international banking regulations. The goal of these norms is to coordinate banking regulations aro...

The Banking Regulation Amendment bill,2020, introduced by the Minister of Finance, Smt.Nirmala Sitaram, on September 14th ,2020,and passed on September 16,2020, was brought up to amend the Bank...

Finance and banking are the lifeblood of trade, commerce, and industry. The development of any country mainly depends upon the banking and finance system of the country. Banking and finance is ...

Even though today the procedure and conditions of loan advancements from banks or other financial institutions have been made flexible, there are still major sections of the society who do not ...

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI ACT) was enacted by Government of India to enable banks and financial institut...

India is facing a growing problem of non-performing assets (NPA) which is dangerous as it is a symptom of an ailing banking sector which in-turn affects the economy of India as well. In the Finan...

RBI’s decision to not grant further extension of moratorium on repayment of term loans which ended on August 31, 2020 and the decision to charge compound interest on loans during moratorium p...

The Government ordinance to empower Reserve Bank of India to supervise the Urban Co-operative Banks and the passing of Banking Regulation Amendment Bill enabling RBI to regulate and supervise c...

Before coming on the topic of Bitcoin or Cryptocurrency, it is important to know the existence of money and how it is trusted by people as an exchange of value. Money represents value. It is gi...

RBI transferred 1.76 lakhs Crores to the Central Govt based on the Bimal Jalan Committee Recommendation to help the present Government to curb economic slowdown. It is the five times of govt wa...

The Insolvency and Bankruptcy code enumerates provision for insolvency resolution process, bankruptcy, and liquidation process for corporate persons, personal and corporate guarantors, corporat...

In life and death matters such s the COVID-19 pandemic, focus on financial matters can be seem misplaced. But for the world's poor the financial impacts of COVID-19 can be devastating and far m...

The profound impact of the measures being taken by the Government to comprehend the rapid surge and spread of coronavirus COVID-19 is creating multiple issues for almost every sector especially...

The future of India lies in its Villages, said by Mahatma Gandhi Introduction to the history of NABARD:After the independence there was a large increase in number of banks and Indian banking sect...

The Union Budget 2020-21 is passed during the tenure of Finance Minister namely, Smt. Nirmala Sitaraman. This budget is passed to develop the Indian economy by individually or in combination of...

A Letter of credit is a globally accepted payment method and is indispensable in international trade and commerce. Foreign trade and business come with numerous risks for both importer and expo...

All over the world, many M&A decisions have become lopsided towards strategy for growth only, ignoring valuations, people related issues, and economic-political-legal environments of busine...

Stock exchanges take great care to ensure that their 'price discovery mechanism' another word for economist Adam Smith's Invisible Hand, remains untampered with. To do this, they need to ensure...

Background The Reserve Bank of India (RBI), on March 27, 2020[1] permitted all commercial banks, co-operative banks, All-India Financial Institutions and NBFCs to allow a moratorium of three ...

Despite the corporate laws in India showing a trend towards being more market-centric, the roots lie in the principle of Constitutionalism itself, which in turn, endeavours to protect rights of...

The Banking Ombudsman Scheme 2006, which was constituted by Reserve Bank of India by virtue of Section 35A of Banking Regulations Act, 1949 with the objective of enabling resolution of complaints...

Bankruptcy refers to a legal position where a Company, Individual, or a Partnership Firm is unable to repay their outstanding debts to the Creditors. Once a Company, Partnership Firm or an Indivi...

Information technology became a part of every sphere of human being life. Due to the globalization, privatization and liberalization of the world banking sector also influenced and create a comp...

The first order objective of Insolvency and Bankruptcy Code is insolvency resolution of the corporate debtor.[1] However, if the resolution process gets failed than in such circumstances the code...

The advent of banking reforms in India has brought the concept of NPA (Non-Performing Asset) which has changed drastically the perception and approach of the bank and the customer when dealing ...

The banking industry is the lifeline of any economy. It is one of the most important pillars of the financial sector. Development of any country is highly dependent on the performance of the ba...

The Insolvency and Bankruptcy Code, 2016 lays down the distinct insolvency resolving procedures for companies irrespective of whether it is an individual or partnership companies. The Insolvency ...

In simple terms, cryptocurrency is a form of digital/virtual currency through written code that relies on cyptography (encryption) and is independent of any central issuing authority. It is ena...

Securities Exchange Board of India (SEBI) vide Press Release No. PR No.37/2020 dated 03rd July, 2020 has come out with Amendments to SEBI (Investment Advisers) Regulations, 2013 with an aim to st...

The Indian Banking industry is old and many changes are brought in this industry since liberalization. The banking system is well regulated and supervised, it involves moral practice, financial...

India needs urgent reforms to its financial set up as a result of banks have created a serious financial crisis by lending carelessly to big borrowers who were not capable or intention to repay t...

The economic havoc created by the COVID-19 is alarming in ways, more than one can even imagine. India's economic condition has been in turmoil too. In order to cope up with the changing scenario,...

Insolvency and Bankruptcy Code, 2016 is bankruptcy law in India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. It is considered biggest ...

The Negotiable Instruments Act.,1881 is a common English law. It was enacted on 1st of March 1882. The main purpose of the act was for trade and commerce mainly merchandise. Section 13 of the act...

Securities Exchange Board of India (SEBI) vide Notification No. SEBI/HO/CFD/CMD1/CIR/P/2020/109 dated 25th June, 2020 has come out with Further extension of time for submission of Annual Secretar...

Chapter - 1: Cryptocurrency Control Worldwide This expansive development is partly attributable to the fact that cryptocurrencies have become commonplace over the past few years, causing more nat...

Miniscule knowledge or understanding of one's business and its operations impacts the business in the long run. However, a vast majority of companies are still thriving in their businesses with c...

Since man evolved currency has been evolved and is very important part of society. Currency has been an integral part of our lives. In Ancient era, we used barter system meaning we did exchanged ...

We know that Mergers and Acquisitions (M&A) play an important role in management of company's establishment. The companies Act, 2013 consists to all these provisions related to M & A. Let us loo...

The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. It was intr...

The Covid-19 pandemic has thrown a long shadow of vulnerability. It isn't clear to what extent it will take to reestablish regularity and revive the economic condition. The main things clear at t...

Rural banking institutions play a very vital role in the all-round development of rural areas of the country to support the rural banking sector in recent years; these Banks are originated everyw...

Relaxations from certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of Further Public Offer (FPO's) Overview Securities and Exchange Board ...

A legitimate way to phoenix an insolvent company Micro, small and medium enterprises (MSME) is considered to be a vital industry and a strong backbone of the Indian economy. This sector employs ab...

Suppose, you are the promoter of a company, and your company needs to raise some finance. For that, you decide to take a loan of say INR 1,00,000/- from a bank. Now you would also need to pledge ...

The Insolvency and Bankruptcy Code, 2016 (hereinafter referred as IBC) (31st Act of the year 2016) was enforced on 28th May, 2016. A bare perusal of the preamble of the Act, makes it clear that ...

The Startup has become synonyms for the growth, entrepreneurial traits, vision, and futuristic approach. India has a healthy environment and acts as a game-changer, a long-lasting impact on the e...

A cheque is a bill of exchange which is payable on demand. There are two parties in a transaction, the person who issues the cheque is known as the drawer, whereas the person under whose favour t...

The essence of any democracy is hollow without accountability and transparency. The idea of the administration being answerable to the public is the valve of a functioning system. The administrat...

The crypto community has won the battle against RBI in Supreme Court. Supreme Court of India adjourned that it is unconstitutional to ban the use of cryptocurrency on March 4, 2020. Since then it...

As the new year starts it brings hopes, opportunity, happiness and good vibes to the human life. similarly we all are accepting from 2020 but rather to became a good starting this year choose...

Amendment to SARFAESI Act introduced in 2013 brought out certain changes in the Act wherein under section 14 compulsory filing of an affidavit by the secured creditor through their Authorised O...

A. Introduction The Indian criminal law has always recognized the principle of corporate culpability. The primary reason for this can be attributed to the influence of English common law which al...

As companies continue to look forward to improving their current levels of operations and expanding their activities, it becomes crucial for their asset values to stay high enough for strengtheni...

What is the conundrum:Multiple cheques get dishonoured as between same parties. Separate notices would be issued. Separate complaints would be filed u/s 138 of N I Act. When these cases come up ...

 If you fail to plan then you plan to fail. The activity of planning a budget is considered as the central activity of financial management. Budget not only gives an account of the year's hous...

Insolvency And Bankruptcy Law The law of insolvency and bankruptcy came in force on 5, May 2016 by notifying about this law in "the gazette of India" and it was introduced on 21 December 2015 by ...

The Hon'ble Prime Minister under his vision and call for ATMA Nirbhar Abhiyan / Self Reliant India Movement based on the 5 pillars of ATMA NIRBHAR BHARAT being Economy, Infrastructure, System, Vi...

When virtue is lost, benevolence appears, when benevolence is lost right conduct appears, when right conduct is lost, expedience appears. Expediency is the mere shadow of right and truth; it...

This research article underlines the role of microfinancing in the present time in India. It act as an anti-poverty vaccine in rural India. In a developing country like India, this is the well-kn...

Former RBI Governor Mr. Reghuram Rajan once said, The fundamental lesson of every situation of banking stress in recent years across the world is to recognise and flag the problem loans quickly an...

India have a cultural norm where parents expect their children, many of whom live with them well into adulthood, to concentrate on academics and professional pursuits. online gaming/gambling laws...

RBI Extends Due Date of regulatory returns Submission of regulatory returns - Extension of timelines Reserve Bank Of India vide RBI/2019-20/228 and DOR.BP.BC.No .68/21.04.018/2019-20 dated 2...

Tourism in India is a massive revenue generating sector in the country’s economy. Tourism and Hospitality industry in India has been growing at a Cumulative Annual Growth Rate (CAGR) of 14...

RBI Announces Rs. 50,000 crore Special Liquidity Facility forReserve Bank Of India, vide press release 2019-2020/2276 dated 27th April, 2020 has Announces Rs. 50,000 crore Special Liquidity Facil...

Background of Individual Insolvency Law in IndiaBefore the British came to India, there was no insolvency law in India. The Indian regulation that dealt with insolvency law was initially found in ...

Key Highlights: The funds availed under TLTRO 2.0 can be deployed within 45 days of availment, against 30 days for TLTRO 1.0 The TLTRO 2.0 scheme announced by RBI offers an initial sum of Rs 50...

Prosecution and Persecution:In a cheque dishonor case, while an accused is prosecuted, the complainant gets persecuted. Many a time, in the hope of recovery by prosecution, the complainant looses...

Key Highlights: From certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of Rights Issue These temporary relaxations are applicable fo...

Overview Ministry of Finance (Department of Revenue) vide notification / Gazette id No. CG-DL-E-16042020-219065 and G.S.R. 254(E) issued and publish dated 16th April, 2020, has published th...

Key Highlights of RBI Press Conference dated 17.04.2020 RBI governor vide Press Conference dated 17.04.2020 thanked Corona Warriors, forefront of the battle against COVID-19 and discussed about va...

Fraud is on the rise and unfortunately, businesses are still unable to fight these frauds with efficiency. One of the major reasons behind this is a lack of uniformity in the fraud prevention pra...

Former RBI Governor Mr. Reghuram Rajan once said: The fundamental lesson of every situation of banking stress in recent years across the world is to recognise and flag the problem loans quickly an...

Introduction To Yes Bank Limited Yes Bank Ltd (hereinafter referred to as YBL) is engaged in providing a range of banking and financial services. The Bank operates in four segments: Treasury Corp...

The recent judgment pronounced by National Company Law Appellate Tribunal (NCLAT) in a protracted legal battle between ‘salt to software’ conglomerate Tata and its former executive c...

The main purpose of every religion is to fill the ethical value in its believer that is also about the Islam. Islam considers everyone equal either he is king or a laborer. This is the reason tha...

The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019 came to an effect on December 28, 2019. It seeks to remove certain ambiguities in the IBC 2016. It fill critical gaps and address ce...

Economic slowdown is a situation where GDP rates slow down but does not decline. The Indian economy recorded highest growth rates of the world at 8.2% in FY16-17 & 7.2% in FY17-18[1].Then in FY18...

A bank guarantee is a tripartite agreement between the banker, the beneficiary and the person or the customer, whereby the bank gives an undertaking to pay the beneficiary a definite sum of money...

Economic think-tank, “National Council of Applied Economic Research” (NCAER) on Nov 16 stated that, India is likely to see a further slowdown in aggregate demand and GDP growth during 2...

India's banking enterprise is experiencing exceptional pressure as the numbers of debtors are on a rise. The number of stressed resources among residents/citizens have increased tremendously in t...

FinTech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end...

Facts of The Case: Mona pharmachem supplied pharma products to Uttara foods and feeds pvt. Ltd. The Petitioner states that the amount is due in respect of medicines supplied to the Respondent for...

Facts of the case: The appellant (Mobilox innovations pvt. Ltd) was conducting tele-voting process for a program in Star TV which is named as NachBaliye. The appellant engaged the respondent comp...

Dishonour of Cheque under Section 138 Section 138 of the Negotiable Instrument Act, 1881 was introduced in Chapter XVII of the Act which was inserted by Section 4 of the Banking, Public Financi...

A brawny banking sector is essential for a proliferate economy. In 2007, Where the United State and other Western Countries were facing the banking crisis and related global financial crisis, but...

A strong banking sector is essential for a flourishing economy. In a submission to this, the author in this essay tries to discuss more the non-performing asset (NPA) which bad loan affecting our...

Ahead of the 100 days of Modi 2.0 administration, The Union Government of India has taken various landmark and historic decisions at an unprecedented scale. As per the, Union Minister...

As per the, Central Statistics Office (CSO) has been released India’s economic growth datas for the April-June quarter ( Q ) of financial year 2020 on August 30. Following the same, The ec...

Dishonour of Cheque Given As Security Not For Insecurity The Dishonour of Cheque, envisaged under Section 138 Negotiable Instrument Act, 1881 is the worst misuse in the present era. This channel u...

Who should have the control over the business affairs of the State? Whether it should be the state or private entities (be it foreign or local). The whole globe in this respect has experienced ...

The former finance minister (FM) and a stalwart senior leader of the Bharatiya Janata Party (BJP), passed away on August 24. BJP veteran leader Arun Jaitley Ji, 66, who died in All India Institut...

The greatest crisis that the banks and financial institutions face now is the recovery of debts and the unabated increase in Nonperforming Assets which affect the performance of the banks and fin...

The Negotiable Instruments Act, 1881 came into being as an Act to define and amend the law relating to promissory notes, bill of exchange and cheques. The main object behind Negotiable Instrume...

Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA government to prevent money-laundering and to provide for confiscation of property derived from mo...

To look at is one thing. To see what you look at is another. To understand what you see is third. To accept from what you understand is most important. But to act on what you accept is all that r...

India, the second-largest country in the world in terms of economy, having a gross domestic product (GDP) of 2.6 lakh crores USD in 2017, following with a growth rate of 8.4% in 2018-19, might lo...

A negotiable instrument is a piece of paper which entitles a person to a sum of money and which is transferable from person to person by mere delivery or by endorsement and delivery. The person t...

The rise in the number of non-performing assets, commonly known as NPA has led to an adverse impact on the economy of our country. The banks act as an intermediary between the depositor and the b...

Section 148 of Negotiable Instruments Act, 1881 providing to deposit such sum which shall be a minimum of twenty per cent of the fine or compensation awarded by the trial Court Has Retrospective Ef...

Insolvency and Bankruptcy Code 2016 (IBC) has an overriding effect over other enactments, recently the news of superiority of IBC over SEBI was an interpretation before the Supreme Court bench in...

SEBI intends to bring in a new regulation to curb Mutual fund lending to promoters. According to reports published by The Times of India, SEBI is looking to tighten the norms to protect the inter...

 Go Digital we often hear this word although list out all its benefits not possible to explain due to my confined space availability in the blog. Let me explain to whom should we complain if ...

While assessing the events in the world of corporate finance, the role of a lawyer is vital. Whether it is an agreement of merger and acquisition, making preparations for a hearing, getting a fai...

Impact of Insolvency and Bankruptcy 2016 on Indian IndustriesThe growing world trend and rapid globalisation have led to fast tracking of disposing off the cases related to insolvency, bankruptcy,...

The New Economic Policy of 1991 had marked the development of the Indian economy in big way including in its scope liberalisation, privatisation and globalisation (LPG).As a consequence there was...

This article deals with evolving jurisprudence around Section 10 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred as IBC) and its interplay with other provisions of the IBC. Sect...

In common parlance a cheque is a financial instrument which is written by its owner, to order his bank to pay a certain sum to another person from his account. The oxford dictionary defines the ter...

Vijay Mallya, Nirav Modi, PNB Bank Fraud are the three things that filled the newspapers, news channels and news-feeds for quite some time. In the past few years, the instances of banking frau...

Time and again, Government of India (in consultation with the Regulators has taken several measures to strengthen the corporate bonds market. Now, since the concentration risk in the banking syst...

 As the banking industry has started to face the crises of NPA accounts, which has duly fractured the financial system to maximum limit. Due diligence has become important aspect for the bank...

Peer-to-peer lending or commonly known as "P2P lending" are platforms which aims at providing individuals alternate sources to fund their capital requirements. The platform assists in this proces...

Today crypto currencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its i...

There has been rise of large scale factory/ industry in India in the later half of nineteenth century. Major Moore, Inspector-in- Chief of the Bombay Cotton Department, in his Report in 1872-73 f...

Grounds for Claiming Injunction over Irrevocable and Unconditional Bank Guarantees Sr. No. Case Name & Citation Relevant Para Para No. 1. Adani Agri Fresh Ltd. v. Mahaboob Shari...

Tax Competition relates to the phenomenon where a sovereign state having the ability and competence tends to affect the tax system of another country intentionally or unintentionally by incorpo...

Judicial Bulging of GroundsBank Guarantee is the common mode, of securing payment of money in commercial dealings as the beneficiary, under the Guarantee, is entitled to realise the whole of th...