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Loans

jammu and kashmir and ladakh high court
Case BriefsHigh Courts

No absolute bar on writ jurisdiction of High Courts in promissory estoppel disputes between State and its instrumentalities: J&K and Ladakh HC

The case revolved around a special package sanctioned by the Govt. of India for the revival of infrastructural projects which were affected severely due to rise of militancy in Jammu and Kashmir in the 1990s.

Published on September 27, 2023October 4, 2023By Sucheta
Leave a comment1531 views
Income Tax Appellate Tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

Bogus Parties and Dubious Transactions- Read ITAT’s observations on a matter concerning “non-existent lenders”

    Income Tax Appellate Tribunal (ITAT), New Delhi: While deciding the instant appeal pertaining to the Assessment Year 2015-16 where the

Published on August 20, 2022By Editor_4
Leave a comment2121 views
Case BriefsSupreme Court

COVID-19 Second Wave | Financial relief a policy matter; Similar order already passed: SC refuse to entertain plea seeking loan moratorium extension

Supreme Court: The bench of Ashok Bhushan and MR Shah, JJ has refused to pass any direction in the petition seeking effective

Published on June 11, 2021June 18, 2021By Prachi Bhardwaj
Leave a comment2448 views
Case BriefsSupreme Court

Loan Moratorium Case| Supreme Court says no to total waiver of interest and extension of moratorium period but directs full waiver of compound interest

There was no justification shown by the Government to restrict the relief of not charging interest on interest with respect to the loans up to Rs. 2 crores only and that too restricted to only 8 categories.

Published on March 23, 2021October 3, 2023By Prachi Bhardwaj
Leave a comment9881 views
rbi
Business NewsNews

RBI | Primary (Urban) Co-operative Banks shall not provide or renew director-related loans

The Banking Regulation Act, 1949 has been amended by the Banking Regulation (Amendment) Act, 2020 notified for the Primary (Urban) Co-operative Banks

Published on February 8, 2021August 30, 2023By Bhumika Indulia
3 Comments8341 views
Case BriefsSupreme Court

COVID-19| Seeking waiver of interest on interest for loan during the moratorium period? SC asks Govt to implement decision to forego compound interest on these 8 categories

Supreme Court: In a breather to customers in the case relating to waiver of interest on loan during the moratorium period, the

Published on November 28, 2020March 23, 2021By Prachi Bhardwaj
Leave a comment4837 views
Case BriefsSupreme Court

Restructure the loan amount and release it to home buyers of Amrapali Group: SC to RBI

Supreme Court: The bench of Arun Mishra and UU Lalit, JJ directed the banks and financial institutions to release loans to home

Published on June 10, 2020June 12, 2020By Prachi Bhardwaj
1 Comment3171 views
Hot Off The PressNews

RBI makes External Benchmark Based Interest Rate mandatory for certain categories of loans from October 1, 2019

The Reserve Bank of India has been examining the feasibility of mandating the use of an external benchmark for determining the interest

Published on September 7, 2019September 11, 2019By Bhumika Indulia
Leave a comment1952 views
Practical Lawyer Archives

Checklist for Loans and Investments by Company [PL Archives]

Gaurav N Pingle, Practising Company Secretary, Pune
Cite as: (2019) PL (CSP) February 78

Published on April 25, 2019March 21, 2021By Bhumika Indulia
Leave a comment11192 views

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