Search Results for Tag : Banker
Top Story
Officers of private bank punishable under POCA(23.02.2016)
Officers of a private bank, specifically its Chairman, Directors and other Officers are ‘public servants’ who can be prosecuted under the Prevention o.....
Tags : Prevention of corruption, bankers, public duty
Blast from the Past
Banks’ implied duty of secrecy to its customers(25.01.2016)
The United Kingdom Court of Appeal in 1923 determined that the duty of confidentiality owed by a bank to its clients was not absolute. Rather, it was .....
Tags : Banker, duty to confidentiality, qualifications
News
NCLAT Stays NCLT’s Order Prohibiting Appointment of Ex- Bankers as Resolution Professional(21.01.2020)
National Company Law Appellate Tribunal has stayed National Company Law Tribunal’s Order which prohibited appointing a former bank official as indepen.....
Tags : National Company Law Appellate Tribunal, Appointment of Ex- Bankers
Ker. HC: Can’t Invoke Writ Against Decisions of Lender/Banker Unless There is Compelling Reason(06.11.2023)
Kerala High Court has held that Court, in exercise of its jurisdiction under Article 226 cannot replace the wisdom of lender/banker in the process of .....
Tags : Kerala High Court, Lender/Banker, Writ Jurisdiction, Compelling Reason
NCLAT: CIRP Against Real Estate Company to Affect the Only Project Concerned(13.02.2020)
National Company Law Appellate Tribunal has held that an insolvency process against a real estate company will impact only the project concerned and n.....
Tags : National Company Law Appellate Tribunal, Appointment of Ex- Bankers
Meghalaya High Court: Indiscipline by Bankers Cannot be Overlooked(13.06.2019)
Meghalaya High Court has observed that indiscipline by bankers cannot be overlooked as they deal with public money. The Court held that "No organisati.....
Tags : Meghalaya High Court, Bankers
SEBI Allows Payments Banks to Carry Out Activities of Investment Bankers(04.08.2021)
Securities and Exchange Board of India has allowed payments banks to carry out the activities of investment bankers to provide easy access to investor.....
Tags : Securities and Exchange Board of India, Activities of Investment Bankers
Notifications & Circulars
Modalities for filing of placement memorandum through a Merchant Banker(21.10.2021)
1. AlFs shall launch scheme(s) subject to filing of placement memorandum with SEBI through a SEBI registered Merchant Banker. In this regard, SEBI (Al.....
Tags : Modalities, Filing, Merchant Banker
International Cases
HMRC gets payday on bankers’ bonuses(09.03.2016)
Hearing a case that ties together the two bugbears of today’s commercial world - executives’ bonuses and offshore companies - the British Supreme Cour.....
Tags : bankers, bonus, purposive approach