Search Results for Tag : Diligence
International Cases
Defective passage plan requires a want of due diligence to make the vessel seaworthy(10.11.2021)
Present appeal concerns the scope of a shipowner’s obligation to exercise due diligence to make a vessel seaworthy. The seaworthiness obligation is fu.....
Tags : Due diligence, Seaworthiness, Obligation
News
Guj. HC: Onus of Due Diligence Before Entering Into Sale Transaction is on Property Purchaser(06.09.2022)
Gujarat High Court while deciding anticipatory bail plea by property purchaser charged for cheating under IPC, has held that the onus of performing du.....
Tags : Gujarat High Court, Cheating, Onus, Due Diligence
SC: Unless Licence is Prima Facie Invalid, Burden Upon Insurer to Prove Failure on Part of Owner(01.11.2023)
Supreme Court has held that once a seemingly valid driving licence is produced by a person employed to drive a vehicle, unless such licence is demonst.....
Tags : Supreme Court, Driving Licence, Due Diligence
Del. HC: Prosecution and Legal Departments to Exercise Due Diligence before Initiating Cases(11.10.2024)
Del. HC has stated that frivolous cases undermine efficiency of judiciary, causing distress to litigants. Therefore, it is imperative that prosecution.....
Tags : Delhi High Court, Legal Departments, Due Diligence
Notifications & Circulars
Requirement of customer due diligence and need for maintenance of records(06.12.2016)
It has been reported that, of late, a lot of customers are approaching banks for re-activation of dormant accounts. In this regard, we invite attentio.....
Tags : Diligence, Record maintenance, Requirement
Customer due diligence for transactions in virtual currencies(31.05.2021)
1. It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual.....
Tags : Customer, due diligence, Transactions