The Reserve Bank of India (RBI) in the Statement on Development and Regulatory Policies dated 4 December 2020 had proposed to set up a robust governance structure for digital payment...
S.S. Rana & Co. Advocates
Law of Limitation prescribes the time limit for different types of suits for which an aggrieved person can approach the court for redressal.
In light of resurgence of Covid-19 pandemic in India, Reserve Bank of India, vide notifications dated May 5, 2021, has announced certain measures - Resolution Framework 2 and Resolution for MSMEs – to alleviate uncertainties and stress ...
The International Financial Services Centres Authority (IFSCA) 1 has issued the International Financial Services Centres Authority (Finance Company) Regulations, 2021 (Regulations)...
King, Stubb & Kasiva
The Hon'ble Apex Court has ruled that there should be no compound interest, interest on interest or penal interest on the borrowers who did not pay installments by availing the loan moratorium...
The NCLAT in Technology Development Board v. Mr. Anil Goel ("Technology Development Board") has dealt with a complex issue of applicability of inter-se priorities between secured creditors...
Supreme Court in the case of L&T Housing Finance Limited v. Trishul Developers and Another has held that a trivial procedural lapse will not render the entire proceeding initiated by a secured creditor under the SARFAESI Act ...
Singh & Associates
During the regime of the Companies Act, 1956, there used to be no distinction between financial and operational debts. Section 433(e) of the Companies Act, 1956, only stated that a company may be wound up by the court, ...
Singh & Associates
Neo-bank is the latest buzzword in the fintech start-up space across the globe. They are 100% online banks, which have no physical branches.
Non-Convertible Debentures ("NCDs") are essentially debt instruments which have a specified repayment timeline and which cannot be converted into equity.
The financial year 2020–21 put the securities and financial markets in India under an unprecedented stress test.
A majority of the developments in the banking and finance sector in 2020 were centered around relief to stakeholders from the economic stress caused by the COVID-19 pandemic and the consequent disruption of the global economy.
Indian capital markets witnessed some highs and lows in 2020. While the number of IPOs in 2020 was lower compared to the previous year, the IPO volume was substantially higher this year.
Vide the circular dated March 17, 2020, the Reserve Bank of India had issued ‘Guidelines on Regulation of Payment Aggregators and Payment Gateways", through which, the RBI had decided to ...
Khaitan & Co
The National Stock Exchange (NSE) says, "a stock market index is a measure of the relative value of a group of stocks in numerical terms.
Khaitan & Co
SEBI, on 1 November 2018, had introduced the Unified Payment Interface with Application Supported by Blocked Amount as an additional payment mechanism for retail individual investors to invest in certain capital market transactions.
Uncertainty and unpredictability were the watchwords for 2020. Business and consumer behaviour trends witnessed an everlasting evolution in 2020 and the velocity of change continues to increase.
The Union Budget 2021 was announced on February 1, 2021, with much of the policies revolving around expenditure to boost economic recovery post the COVID-19.
Nexdigm Private Limited
ERP has become imperative for the growth of an organization as it allows smooth integration of all the business processes and offers a holistic solution. With an ERP system the optimum value...
The advent of technology has led to various changes in the traditional ways of conducting business operations. One such change has been the emergence of Peer to Peer (hereinafter "P2P")