Notifications & Circulars

Streamlining of Internal Compliance monitoring function - leveraging use of technology(31.01.2024)

1. RBI had recently carried out an assessment in select Supervised Entities (SEs) of the prevailing system in place for internal monitoring of complia.....

Restraining of Unauthorized Payment System(15.02.2024)

1. It has come to the notice of Reserve Bank of India that a Card Network had an arrangement that enables businesses to make card payments through cer.....

Central Government declares the services engaged in iron & steel industry to be a public utility service for ID Act, 1947 for a further period of six months effective from 17th Feb., 2024(14.02.2024)

Whereas the Central Government is satisfied that public interest so requires that the services engaged in the Iron and Steel, which is covered under i.....

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International Cases

Section 31 of the Insolvency Act serves as a sword for the liquidator in winding up the insolvent estate, rather than a shield for third parties in subsequent litigation

The Appellant, Mr. Chaim Cohen (Mr Cohen), seeks to avoid liability under a deed of suretyship executed in favour of the Respondent, Absa Bank Limited.....

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News

SC: Suit For Title Without Seeking Recovery of Possession Not Main. When Plaintiff Not in Possession(16.02.2024)

Karnataka HC: Mere Reason to Believe Cannot Be Ground of Assessment Under Section 147 of IT Act(16.02.2024)

SC: Elder Sister Cannot Exercise Guardianship Over Younger Sister Unless There is Court Order(16.02.2024)

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