Searched for
DEFAULTER REVIEW COMMITTEE
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...- SC asks states to treat rising child trafficking cases as grave; seeks coordinated actionThe Supreme Court has sounded the alarm on the alarming rise of child trafficking in India, underscoring the need for immediate interventio...
- RBI denies banks extra time to label dodgy borrowers as willful defaultersRBI has shortened the timeframe for classifying wilful defaulters. Banks now have six months to complete the process. This decision aims to...
- RBI directs banks to provide all information to borrower on classifying them as wilful defaulterThe Reserve Bank of India (RBI) has instructed banks to issue show-cause notices to borrowers identified as wilful defaulters. The banks mu...
- Lenders seek anonymity for officers tagging wilful defaulter accountsLenders seek RBI guidance on protecting officers' identities identifying defaulters. Recent court order mandates disclosing committee membe...
- Banks should pass reasoned orders while declaring entity/person wilful defaulter, says Bombay HCThe bench was hearing a petition filed by Milind Patel, former joint managing director of IL&FS Financial Services Limited (IFIN), challeng...
- Delhi HC sets aside bank's order declaring bizman Ratul Puri as wilful defaulterDelhi High Court sets aside Bank of Baroda and Punjab National Bank's decisions declaring Ratul Puri as a wilful defaulter. The court quest...
- Panel on insolvency proposes mediation at pre-default stageAn expert committee, led by TK Viswanathan, has recommended mediation between lenders and borrowers at the pre-default stage for faster out...
- RBI's new guidelines still unclear on 'intention' of loan defaultReserve Bank of India has announced new guidelines on labelling wilful loan defaulters that set out timelines, processes and penalties. How...
- Delhi HC sets aside Union Bank's decision declaring PP Jewellers 'wilful defaulter'The High Court in its recent order granted time to the company to put forth additional submissions to Union Bank's review committee for a f...
- Bombay High Court grants interim stay on show cause notice issued to Naresh Goyal by IDBI BankThe division bench of Justice GS Patel and Justice Dr Neela Gokhale stayed the show cause notice in an oral order and has allowed time for ...
- Rating companies need not wait for timelines to upgradeMove to come as a relief for companies downgraded due to short-term debt woes
- Loan defaulters have no right to be represented by lawyer in 'in-house' proceedings of banks: SCThe lending bank had contended that the defaulting borrower does not need the assistance of lawyers in the proceedings as no complex legal ...
- CBDT committee to review 'naming, shaming' of tax defaultersThe Board, which decides policy matters for the Income Tax Department, has ordered creation of a special committee to analyse the subject a...
- Parliamentary Panel asks coal PSUs to recover dues worth Rs 13,745 crThe Parliamentary Standing Committee on Coal and Steel, chaired by Rakesh Singh, commended the work done on rationalisation of coal linkage...
- ICAI reviews financial statements of Vijay Mallya group firmsThe move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.
- RBI panel discusses steps to encourage retailers in GSec marketThe first meeting of the reconstituted Technical Advisory Committee (TAC) on Financial Markets was held today, under the chairmanship of H ...
- Sebi reviews norms dealing with investor protection fundThe decisions have been taken following deliberations by Secondary Market Advisory Committee and representations of the stock exchanges.
- Negligible progress in dues recovery from NSEL defaulters: Forward Markets CommissionNSEL, a subsidiary of Jignesh Shah-led Financial Technologies India Ltd, recovered about Rs 360 crore of dues out of total amount of Rs 5,6...
- Parliamentary panel asks oil ministry to declare RIL a defaulterThe panel headed by Aruna Kumar Vundavalli from Andhra Pradesh, also backs the state’s demand for a share in gas output and royalty from of...
Load More
