Curated legal news, case breakdowns, and workflow tips for fast-moving practitioners.
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Economic Survey warns NCLTs may take 10 years to clear pending cases, freezing capital and hurting insolvency resolution under the IBC framework.
Madhya Pradesh High Court rules that cheques marked “Not Negotiable” still attract criminal liability under Section 138 NI Act in cheque bounce cases.
AIPL’s ₹1000 crore Gurugram land acquisition through DRT proceedings highlights how Debt Recovery Tribunals help banks recover dues and resolve distressed assets in India.
Salary alone doesn’t decide loan eligibility. RBI guidelines, banking laws, credit score, and risk policies determine loan amounts in India. Explained with rules and safeguards.
Allahabad High Court rules that banks cannot retrospectively reduce fixed deposit interest rates once booked, invoking promissory estoppel to protect depositor rights.