The State Bank of India has filed a review petition against the Supreme Court’s May 15 ruling, which held that secured creditors cannot cla...

Landlords attempt to counter the rights of the tenant by imposing high rents and financial guarantees in the form of 3-6 months of advance ...

A bench of Justices DY Chandrachud and M R Shah said that exclusion of some of the financial creditors from the Committee of Creditors (CoC...

The Insolvency and Bankruptcy Code (IBC), which came into effect in 2016, provides for a market-linked and time-bound resolution of stresse...

Section 14 of the SARFAESI Act mandates District Magistrate to deliver possession of a secured asset within 30 days, extendable to an aggre...

Banks will have to take more haircuts while resolving the stressed loans extended to NBFCs, Das has said.

The meeting comes against the backdrop of various startups raising concerns on notices sent to them under Section 56(2) (viib) of the Incom...

The proposed law seeks to deter economic offenders from evading the process of Indian law by fleeing the country and is applicable for offe...

Taking note of the various complaints against Unitech, the CM had on Apr 11 directed that a panel be set up by Gurgaon deputy commissioner.

At present, Asia's third-largest economy has competing laws with unclear jurisdictions to deal with the liquidation or revival of companies.

Law Minister Gowda withdrew the Repealing and Amending (Third) Bill, 2015, in Lok Sabha amid din created by Opposition over the Lalit Modi ...

It'd happen if proposal being considered by a committee set up by the govt to deal with high value loan defaults finds its way into the sta...

"The Finance Ministry is working on draft Bill on wilful defaulters with penal provisions and it is making efforts to table it in the Winte...

A panel has been constituted by Department of Financial Services for suggesting changes in the existing laws to make debt recovery more eff...

“We are waiting for the Microfinance Bill to be passed so that there will officially be only a single regulator to govern microfinance inst...

The Supreme Court has held that secured creditors like the state financial corporations have the first right to recover outstanding loan du...

There's no such thing as smooth sailing for lender's rights. Even while banks and financial institutions have been slapping notices by the ...