Search Results for "Banking, Finance & Insolvency News | Supremetoday AI"

Allahabad High Court Rules Bank Clerk's Termination Under Void Regulation Retroactively Illegal

Allahabad High Court Rules Bank Clerk's Termination Under Void Regulation Retroactively Illegal

#AllahabadHighCourt #ServiceLaw

Allahabad High CourtRules Bank Clerk's Termination Under Void Regulation Retroactively IllegalIn a landmark ruling, theAllahabad High Courthas quashed the 1983 termination of a Gramin Bank clerk, holding that the regulation under which he was dismissed was unconstitutional from its inception ...

India - High Court of Allahabad • Regulation 10(2) Gorakhpur Kshetriya Gramin Bank (Staff) Service Regulations, 1980 • 22 Aug 2026
NCLT Chandigarh Quashes Canara Bank SARFAESI Sale of Mohan Rail Assets Under IBC Moratorium

NCLT Chandigarh Quashes Canara Bank SARFAESI Sale of Mohan Rail Assets Under IBC Moratorium

#IBC #InterimMoratorium

NCLT Chandigarh Quashes Canara Bank SARFAESI Sale of Mohan Rail Assets Under IBC MoratoriumThe National Company Law Tribunal (NCLT) Chandigarh Bench has delivered a significant ruling, setting aside the

India - National Company Law Tribunal • Interim Moratorium under Section 96 IBC • 22 Aug 2026
Supreme Court refuses RCom's plea to block ₹802 crore bank guarantee invocation over spectrum dues

Supreme Court refuses RCom's plea to block ₹802 crore bank guarantee invocation over spectrum dues

#IBC #SupremeCourt

Supreme Court refuses RCom's plea to block ₹802 crore bank guarantee invocation over spectrum duesTheSupreme Court of Indiahas declined to entertainReliance Communications Limited’s (RCom) plea to prevent theinvocation of bank guaranteesworth ₹802 crore by theDepartment of Telecommunications(...

India - Supreme Court • Invocation of bank guarantees under IBC • 21 Aug 2026
Calcutta High Court Questions HDFC Bank Over Account Freeze, Orders KYC at Residence

Calcutta High Court Questions HDFC Bank Over Account Freeze, Orders KYC at Residence

#BankingLaw #CalcuttaHighCourt

Calcutta High Court Questions HDFC Bank Over Account Freeze, Orders KYC at ResidenceTheCalcutta High Courton Thursday,August 20, 2026, sharply questionedHDFC Bankover its decision to block the personal account and card facilities ofTrinamool CongressMP Abhishek Banerjee, directing the bank to...

India - High Court of Calcutta • Know Your Customer (KYC) Compliance and Account Freeze • 21 Aug 2026
Bombay High Court upholds 0.25% IBBI regulatory fee on IBC resolution plans

Bombay High Court upholds 0.25% IBBI regulatory fee on IBC resolution plans

#IBBI #RegulatoryFee

Bombay High Courtupholds 0.25% IBBIregulatory feeon IBC resolution plansNo strictquid pro quorequired for regulatory levy, court holdsTheBombay High Courthas dismissed a batch of petitions challenging the validity of Regulation 31A of theInsolvency and Bankruptcy Board of India(CIRP) Regulati...

India - High Court of Bombay • Section 196 of Insolvency and Bankruptcy Code, 2016 • 21 Aug 2026
Comprehensive Policy Terms Determine Passenger Liability, Not Policy Label: MP High Court

Comprehensive Policy Terms Determine Passenger Liability, Not Policy Label: MP High Court

#MotorVehicleAct #InsuranceLiability

Comprehensive Policy Terms Determine Passenger Liability, Not Policy Label: MP High CourtIn a significant ruling on motor insurance claims, theMadhya Pradesh High Court at Indorehas clarified that a comprehensive or package insurance policy does not automatically cover

India - High Court of Madhya Pradesh • Motor Vehicle Accident Compensation • 21 Aug 2026
Supreme Court Stays NCLAT Order Holding NCLT Can Adjudicate Easement Dispute in Liquidation

Supreme Court Stays NCLAT Order Holding NCLT Can Adjudicate Easement Dispute in Liquidation

#InsolvencyAndBankruptcyCode #SupremeCourt

Supreme Court Stays NCLAT Order Holding NCLT Can Adjudicate Easement Dispute in LiquidationThe Supreme Court of India has intervened in a contentious jurisdictional question arising under the Insolvency and Bankruptcy Code (IBC), staying an o...

India - Supreme Court • NCLT jurisdiction over easement rights under IBC • 20 Aug 2026
Calcutta HC Records HDFC Bank Assures In-Person KYC for Abhishek Banerjee's Account

Calcutta HC Records HDFC Bank Assures In-Person KYC for Abhishek Banerjee's Account

#KYCCompliance #BankingLaw #CalcuttaHighCourt

Calcutta HC RecordsHDFC BankAssuresIn-Person KYCfor Abhishek Banerjee's AccountIn a significant development concerning banking compliance and customer rights, theCalcutta High Courton Thursday took on recordHDFC Bank's clarification that it intends to conduct an in-personKnow Your Customer (K...

India - High Court of Calcutta • KYC Compliance and Account Freeze • 20 Aug 2026
NCLT Mumbai admits Section 7 insolvency plea against Reliance Entertainment Studios over ₹11.94 crore default

NCLT Mumbai admits Section 7 insolvency plea against Reliance Entertainment Studios over ₹11.94 crore default

#IBC #FinancialDebt

NCLT Mumbai admits Section 7 insolvency plea against Reliance Entertainment Studios over ₹11.94 crore defaultThe Mumbai bench of theNational Company Law Tribunal (NCLT)has admitted an insolvency petition filed byPen India Private LimitedagainstReliance Entertainment Studios Private Limitedund...

India - High Court of Bombay • Section 7 of Insolvency and Bankruptcy Code, 2016 / Financial Debt under Section 5(8) • 20 Aug 2026
NCLAT Restores Icatalyst's Insolvency Petition, Says Counsel's Mistake Not to Bar Restoration

NCLAT Restores Icatalyst's Insolvency Petition, Says Counsel's Mistake Not to Bar Restoration

#RestorationApplication #NCLAT

NCLAT Restores Icatalyst's Insolvency Petition, Says Counsel's Mistake Not to Bar RestorationThe National Company Law Appellate Tribunal (NCLAT) has quashed an NCLT order that rejected a restoration application, ruling that a litigant cannot be made to suffer due to a counsel's...

India - National Company Law Appellate Tribunal • Restoration of Petition • 20 Aug 2026
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