Banking and finance - Apprentice

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2 minute read

For the first time ever Government may issue directions to RBI

ByApprentice News Bulletin
November 2, 2018

Government has initiated consultation with RBI under Section 7 of the RBI Act, which empowers the Government to issue directions to RBI further adding to the ongoing tension between the two.

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9 minute read

Disqualification of resolution applicant under Section 29A of IBC

ByAnanda Chakraverty
September 23, 2018

The resolution process has been substantially altered due to the introduction of Section 29A in the Insolvency and Bankruptcy Code. This article discusses the long debated topic of eligibility criteria of a resolution applicant.

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6 minute read

Position of a tenant when landlord becomes a defaulting debtor

ByGeethanjali Kallur
August 13, 2018

The author discusses the new amendment to the SARFAESI Act as well as the decisions of the High Courts which have given relief to a tenant residing in a property mortgaged with a bank by a creditor who defaults payment.