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

Karnataka High Court Upholds JAR Gold Retail's Bank Freeze Without Court Order

Karnataka High Court Upholds JAR Gold Retail's Bank Freeze Without Court Order

#Section106BNSS #PolicePowerFreeze

Karnataka High Court Upholds JAR Gold Retail's Bank Freeze Without Court OrderIn a landmark ruling that fortifies the hands of law enforcement in the digital era, the Karnataka High Court has held that police can freeze bank accounts during investigation without ...

India - High Court of Karnataka • Section 106 and 107 BNSS - Seizure vs Attachment • 16 Aug 2026
Kerala High Court directs government to consider prosecution sanction for Vellappally Natesan in microfinance scam

Kerala High Court directs government to consider prosecution sanction for Vellappally Natesan in microfinance scam

#KeralaHighCourt #MicrofinanceScam #SNDPYogam #ProsecutionSanction #SIT

Kerala High Court directs government to consider prosecution sanction for Vellappally Natesan in microfinance scamThe Kerala High Court on Friday directed the Additional Chief Secretary for Backward Classes to urgently consider...

India - High Court of Kerala • Prosecution Sanction for Misappropriation of Government Funds • 14 Aug 2026
Supreme Court Overturns RBI Ban on Banks Providing Services to Crypto Firms

Supreme Court Overturns RBI Ban on Banks Providing Services to Crypto Firms

#CryptoBan #SupremeCourt

Supreme Court Overturns RBI Ban on Banks Providing Services to Crypto FirmsIn a landmark ruling, the Supreme Court of India set aside the Reserve Bank of India's (RBI) circular that effectively crippled the cryptocurrency industry by barring banks from serving businesses dealin...

India • Article 19(1)(g) – Proportionality of Economic Regulation • 14 Aug 2026
Allahabad High Court: Blanket Freeze of Bank Accounts Over ₹36K Dispute Is Disproportionate

Allahabad High Court: Blanket Freeze of Bank Accounts Over ₹36K Dispute Is Disproportionate

#CyberFraud #Proportionality

Allahabad High Court: Blanket Freeze of Bank Accounts Over ₹36K Dispute Is DisproportionateA ₹36,000 Transaction, A Total StandstillA businessman from Lucknow found his entire financial world frozen—literally—after a disputed tr...

India - High Court of Allahabad • Section 106 BNSS • 14 Aug 2026
Bombay High Court tells Enforcement Directorate to confirm Vijay Mallya settlement after ₹15,000 crore recovery

Bombay High Court tells Enforcement Directorate to confirm Vijay Mallya settlement after ₹15,000 crore recovery

#PMLA #AssetRecovery

Bombay High CourttellsEnforcement Directorateto confirm Vijay Mallya settlement after ₹15,000 crore recoverySix years after Vijay Mallya challenged the seizure of his assets, theBombay High Courthas signalled that the recovery dispute with banks should finally end. Justice Milind N. Jadhav on...

India - High Court of Bombay • Prevention of Money Laundering Act, 2002 – Confiscated Assets and Debt Recovery • 14 Aug 2026
Subsisting Contract Cannot Create Continuing Cause of Action for Time-Barred Debt: Supreme Court

Subsisting Contract Cannot Create Continuing Cause of Action for Time-Barred Debt: Supreme Court

#IBC #TimeBarredDebt

Subsisting Contract Cannot Create Continuing Cause of Action for Time-Barred Debt: Supreme CourtIn a significant ruling that clarifies the interplay between the Insolvency and Bankruptcy Code (IBC) and the <...

India • Section 9 IBC, Limitation Act, Operational Debt • 13 Aug 2026
Bombay High Court Says End Mallya Bank Disputes, Move On

Bombay High Court Says End Mallya Bank Disputes, Move On

#VijayMallya #BankingLaw #SupremeCourtIndia #DebtRecovery #ED #KingfisherAirlines

Bombay High CourtSays End Mallya Bank Disputes, Move OnTheBombay High Courthas signalled that a long-pending commercial dispute between fugitive businessman Vijay Mallya and a consortium of banks led by theState Bank of Indiamust come to an end, as all parties involved need to move on to prev...

India - High Court of Bombay • Recovery Proceedings and Dispute Resolution • 13 Aug 2026
NCLT Launches e-Inspection and e-Certified Copy Services to Improve Judicial Record Access

NCLT Launches e-Inspection and e-Certified Copy Services to Improve Judicial Record Access

#NCLT #LegalTech

NCLT Launches e-Inspection and e-Certified Copy Services to Improve Judicial Record AccessThe National Company Law Tribunal (NCLT) has taken a significant step toward modernizing its Registry by launching e-Inspectio...

India - National Company Law Tribunal • e-Court Services for NCLT • 13 Aug 2026
Supreme Court: Recovery Suit Time-Barred Despite Winding-Up Proceedings, Section 14 Exclusion Rejected

Supreme Court: Recovery Suit Time-Barred Despite Winding-Up Proceedings, Section 14 Exclusion Rejected

#LimitationAct #SupremeCourt

Supreme Court: Recovery SuitTime-BarredDespite Winding-Up Proceedings, Section 14 Exclusion RejectedIn a significant ruling on limitation law, theSupreme Court of IndiaonAugust 12, 2026, reversed a money recovery decree against Mageba Bridge Products Private Limited, holding that the suit was...

India - Supreme Court • Section 14 Limitation Act, Section 69(2) Indian Partnership Act, Money Recovery • 13 Aug 2026
Supreme Court: Interest Accumulated in Suspense Account After NPA Classification Remains Recoverable Debt

Supreme Court: Interest Accumulated in Suspense Account After NPA Classification Remains Recoverable Debt

#DebtRecovery #SupremeCourt

Supreme Court: Interest Accumulated inSuspense AccountAfter NPA Classification Remains Recoverable DebtIn a significant ruling for the banking sector, theSupreme Court of Indiaon Wednesday held that interest transferred to a separatesuspense accountafter a loan account is classified as aNon-P...

India - Supreme Court • Recovery of Debts and Bankruptcy Act, 1993 (Section 2(g)) • 13 Aug 2026
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