News Updates
Madras High Court Upholds Penalty Waiver Under Section 80 For Financial Crisis In Service Tax
05 Aug 2026
Supreme Court Rules States Cannot Cite Financial Burden To Delay Judges Retiring At Sixty-Two
06 Aug 2026
Rajasthan High Court Demands Comprehensive Affidavit To Remove Encroachments Affecting Critical Ramgarh Dam Water Flow
06 Aug 2026
How Does Algorithmic Bias In Forest Governance Impact Adivasi Rights In Modern India Today?
06 Aug 2026
Christ University Pune Lavasa Hosts International Conference On Indian Knowledge Systems And Global Governance
06 Aug 2026
Bombay High Court Rules Pre-2015 Unilateral Arbitrator Appointments Valid if Contractually Authorized by Agreement
06 Aug 2026
Madras High Court orders TASMAC to issue bills for every liquor sale amid overcharging row
07 Aug 2026
Why Does Institutional Paralysis Persist Within India’s Lower Judiciary Recruitment Processes Across All State Boards?
07 Aug 2026
Ernst & Young Announces Applications for Senior Associate Role in Legal Practice
08 Aug 2026
Search Results for "Banking, Finance & Insolvency News | Supremetoday AI"
Supreme Court: No Personal Hearing for Bank Fraud Tags
#SupremeCourtIndia #BankingLaw
Supreme Court: No Personal Hearing for Bank Fraud TagsIn a pivotal judgment that prioritizes regulatory efficiency while upholding coreprinciples ofnatural justice, theSupreme Court of Indiahas ruled that borrowers arenot entitled to a personal ororal hearingbefore banks classify their loan a...
Failure to Consider Amended Claims in Patent Refusal is Glaring Error, Warrants Remand: Delhi High Court on Sections 3(j), 10(4)
#PatentLaw #BiotechPatent
Harvard's Stem Cell Insulin Breakthrough Gets Second Chance: Delhi HC SlamsPatent OfficeOversightIn a significant win for biotech innovation, theDelhi High Courthas remanded Harvard University's patent application for lab-engineered pancreatic beta cells back to thePatent Office. Justice Teja...
Borrower's Explicit Consent to Sale of Mortgaged Property Waives Strict Compliance with SARFAESI Act Section 13 and Rules 8, 9: Delhi High Court
#SARFAESIAct #NPAClassification #DebtRecovery
Delhi High Court Overturns DRAT Order: Bank's NPA Classification Valid, Borrowers' Consent Validates Property Auction Under SARFAESI Act Court Upholds Bank's Actions in Long-Running Debt Recovery Dispute In a significant ruling for banking and debt recovery practices, the Delhi High Court has...
Consumer Commission Bars LIC from Denying Accidental Death Benefits on Technical Grounds
#InsuranceLaw #ConsumerRights #AccidentalDeathBenefit
Consumer Commission Bars LIC from Denying Accidental Death Benefits on Technical GroundsIn a significant ruling for policyholders, the Chandigarh Consumer Commission has directed the Life Insurance Corporation of India (LIC) to honor an accidental death benefit claim, rejecting the insurer's ...
Key Supreme Court and High Court Rulings on Tax and Insolvency Law
#TaxLawUpdates #SupremeCourtJudgments #InsolvencyCases
Key Supreme Court and High Court Rulings on Tax and Insolvency Law In a significant week for Indian legal jurisprudence, the Supreme Court and various High Courts delivered a series of landmark judgments addressing critical issues in taxation, insolvency, and commercial law. From clarifying t...
NCLAT Holds Refused Demand Notice at Registered Office as Valid Service
#InsolvencyLaw #NCLATRuling #CorporateInsolvency
NCLAT Holds Refused Demand Notice at Registered Office as Valid Service In a significant ruling for insolvency practitioners and creditors, the National Company Law Appellate Tribunal (NCLAT) in New Delhi has affirmed that a demand notice dispatched by an operational creditor, which is return...
DRAT Upholds Retrospective NPA Classification in SARFAESI Loan Recovery Dispute
SARFAESIAct NPAClassification DebtRecovery
DRAT Upholds Retrospective NPA Classification in SARFAESI Loan Recovery Dispute In a significant ruling for banking and debt recovery practitioners, the Debt Recovery Appellate Tribunal (DRAT) in Chennai has dismissed appeals challenging the retrospective classification of a loan account as a...
Delhi High Court Clarifies SEBI Adjudication as Mere Administrative Step
#SEBIRegulations #SecuritiesLaw #DelhiHighCourt
Delhi High Court Clarifies SEBI Adjudication as Mere Administrative Step In a significant ruling for securities regulation, the Delhi High Court has affirmed that the appointment of an adjudicating officer by the Securities and Exchange Board of India (SEBI) constitutes an administrative init...
NCLAT Rules Balance Sheet Acknowledgments Bind Personal Guarantors on Limitation
#InsolvencyLaw #PersonalGuarantee #LimitationAct
NCLAT Rules Balance Sheet Acknowledgments Bind Personal Guarantors on Limitation In a significant ruling for insolvency proceedings, the National Company Law Appellate Tribunal (NCLAT), New Delhi, has clarified that acknowledgments of liability made by a corporate debtor in its balance sheets...
Supreme Court Seeks Bank Affidavits in CIBIL Score Dispute
#CreditScoreDispute #BankingLaw #SupremeCourtIndia
Supreme Court Seeks Bank Affidavits in CIBIL Score Dispute New Delhi, October 2024– In a significant intervention into the realm of credit reporting and consumer financial rights, the Supreme Court of India has directed Punjab National Bank (PNB) and State Bank of India (SBI) to file affidavi...
