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LEGALLY ENFORCEABLE DEBT
Sebi rejects Anil Ambani's Reliance Infra settlement applicationIndia's market regulator has rejected Anil Ambani's settlement bids concerning allegations of misusing nearly $700 million in company funds...
On This Day in History, June 27: World's first ATM installed, Peter the Great wins at Poltava, Atari founded, Djibouti gains independence, first colour TV demo and moreOn This Day in History, June 27, history spans military victories, political change, scientific innovation and technological breakthroughs....
"America's doors are closed fully to asylum seekers," says US Dy Chief of StaffWhite House adviser Stephen Miller declared the US is effectively closed to asylum seekers, stating America's doors are fully shut. He asse...
Can a bank seize your vehicle after EMI default? What borrowers need to knowFacing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without du...
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...
Bryan José Rojas ended up in ICE detention during his honeymoon; his wife still backs Trump: 'I'm his fan. He's a good president.'A honeymoon trip to Donald Trump's Doral resort became an immigration ordeal for Bryan Rojas Galofre. The Venezuelan immigrant faced months...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
UK Renters Right Act: Landlords can’t use rent increase clause as an indirect means to evict tenants; Here’s the new process of increasing rentBig news for UK renters. From May 1, 2026, landlords can no longer use rent review clauses to hike rents. They must now follow a specific l...
After 50 hearings, court reserves judgement in Daiichi-Fortis caseThe Delhi High Court has reserved its judgment in a significant arbitration case. Japanese drug maker Daiichi Sankyo is seeking to enforce ...
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
These 6 banking stocks have an upside potential of up to 30% in 1 year, according to analystsIt is a question often heard on the street: Which is better, private or PSU banks? To some extent, it is a meaningless question. Both priva...
Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
RBI cautions against misleading campaigns promising loan waiversAttention all borrowers! The Reserve Bank of India has flagged a concerning trend involving fraudulent loan waiver initiatives. These dupli...
Betting big on Amaravati: Execution, funding and a real trust test aheadThe Andhra Pradesh Reorganisation (Amendment) Act 2026 has formally settled Amaravati as the state’s capital, ending years of political unc...
India’s banking system turns sluggish amid loan recovery delays and legal hurdles: CII reportIndia's banking sector needs urgent reforms. The Confederation of Indian Industry's report highlights slow loan recovery and complex laws. ...
Debt by cash transactions of over Rs 20,000 not legally enforceable: Kerala HCThe Kerala High Court made a significant ruling. It involves cash transactions exceeding Rs 20,000. Such debts are not legally enforceable ...
Govt contemplating changes in SARFAESI, DRT laws; to provide legal sanctity to e-noticesThe Finance Ministry has set up a panel to propose amendments to the SARFAESI and DRT Acts, aiming to expedite debt recovery. E-notices wer...
Dealing with your spouse's debt liability after they pass awayIs the surviving partner legally liable to repay a debt incurred by the deceased spouse or can he seek exemption?