Bombay HC: National Security Justifies Denial of Police Clearance Certificate  ||  Bombay HC: Comic Remarks Without Malicious Intent Not Religious Insult  ||  J&K&L High Court: Scandalous Allegations Against Judicial Officers in Pleadings Impermissible  ||  P&H HC: Writ Petition Against Private Trust's Contractual Employment Dismissed  ||  Gujarat HC: Customary Divorce Entitles Daughter to Family Pension  ||  Calcutta HC: ECI's Prerogative to Deploy Central Employees as Counting Supervisors Upheld  ||  Calling the Situation Grim, the Supreme Court Takes Suo Motu Cognizance of Delays in NCLT Approvals  ||  Supreme Court: Admission of a Claim by a Resolution Professional is Not Debt Acknowledgment  ||  Supreme Court: Public Figures Must Exercise Caution as Their Words Have Consequences in Society  ||  SC: State Must Act as a Model Employer, Criticising the Union For Not Regularising ISRO Workers    

Search Results for Tag : FRA

International Cases

Fraudulent claims rule does not defeat a claim wholly good in law, even if a lie is told in support of it(20.07.2016)

Duty of utmost good faith applied not only in making of contract but in course of its performance. In facts of present case, insurance claim was relat.....

Tags : Fraudulent claims rule, Applicability, Insurer’s Liability



A trustee is entitled to the benefit of the lapse of time when, although he had done something legally or technically wrong, he had done nothing morally wrong or dishonest(28.02.2018)

Present appeal raises a well-formulated issue as to the construction of Section 21 of the Limitation Act 1980, and a rather more diffuse question as t.....

Tags : Fraud, Summary judgment, Suitability



Global power play spills into Russian court(19.04.2016)

Russia’s Constitutional Court ruled against acceding to a European Court of Human Rights denouncement against Russian law that prohibits prisoners fro.....

Tags : russia, constitution, disenfranchisement, echr, prisoner rights



Top Story

Consumers set to benefit from infrastructure sharing between TV distributors(23.05.2016)

TRAI floated a Paper on infrastructure sharin.....

Tags : television, broadcast, infrastructure sharing



RBI Revised Prompt Corrective Action (PCA) Framework(13.04.2017)

RBI has issued Revised Prompt Corrective Action (PCA) framework for banks which will override existing PCA framework. New set of provisions will be ef.....

Tags : Framework, Issuance, Restrictions



RBI announces scale-based regulatory framework for non-banking finance companies(22.10.2021)

RBI announces scale-based regulatory framework for Non-Banking Finance companies (NBFCs). The contribution of NBFCs towards supporting economic activi.....

Tags : Regulatory framework, NBFCs



Central Government set to expand Public Electric Vehicle Charging Infrastructure across the nation(19.02.2022)

The Government of India has undertaken multiple initiatives to promote the manufacturing and adoption of electric vehicles in the country. Due to the .....

Tags : Electric Vehicle, Charging Infrastructure, Expansion



Judgments

While framing charges Court is required to discuss material on record to show its application of mind in framing of charge(15.12.2016)

Aggrieved by common order on charge and the charge framed under Sections 420/467/ 468/448/120-B/109 of Indian Penal Code, 1860 (IPC) present revision .....

Tags : Charge, Framing, Sufficiency of material



Reserve Bank of India issues (Regulatory Framework for Microfinance Loans) Directions, 2022(14.03.2022)

Reserve Bank of India issues (Regulatory Framework for Microfinance Loans) Directions, 2022. The provisions of the directions shall apply to All Comme.....

Tags : Microfinance loans, Framework, Directions



Burden of proof to establish that transaction was entered into by pardanashin lady, after clearly understanding its nature, rest upon person who seeks to sustain a transaction(30.04.2018)

In instant case, Defendant No. 1 is the Appellant against a confirming judgment. Plaintiffs-Respondent Nos. 1 and 2 instituted the suit for declaratio.....

Tags : Gift deed, Execution, Fraud



IFSCA Issues Framework for “FinTech Entity” in International Financial Services Centers (IFSCs)(27.04.2022)

The International Financial Services Centres Authority (IFSCA), in furtherance of its mandate to develop and regulate financial products, financial se.....

Tags : Framework, Issuance, FinTech Entity



If assailant acts with intention that such action might cause death, and hurt is caused, then provisions of Section 307 of IPC would be applicable(16.05.2019)

Present revision application has been filed by the applicants against the order, passed by learned Sessions Judge, framing the charges against the App.....

Tags : Charges, framing of, Validity



International Financial Services Centres Authority notifies the regulatory framework for distribution of capital market products and services(21.12.2022)

The International Financial Services Centres Authority (IFSCA), in furtherance of its mandate to develop and regulate financial products, financial se.....

Tags : Regulatory Framework, Distribution, Products



Charge would be framed not on mere suspicion but on facts giving rise to grave suspicion of accused having committed offence(01.07.2019)

Petitioners impugn order whereby the Revisional Court has reversed the order on charge passed by the Trial Court in case FIR under Sections 323, 341, .....

Tags : Charge, Framing of, Validity



RBI issues framework for compromise settlements and technical write-offs(08.06.2023)

RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....

Tags : Settlements, Framework, Issuance



RBI issues framework for compromise settlements and technical write-offs(08.06.2023)

RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....

Tags : Settlements, Framework, Issuance



Cenvat cannot be denied, when records are not held to be untrue or falsified(13.12.2019)

The brief facts of the case are that, the Appellant are engaged in manufacture of Alloy Steel Castings. They were issued show cause notices that, they.....

Tags : Cenvat credit, Fraudulent availment, Legality



If the falsity, forgery, fabrication of documents is pleaded then a proper issue in respect thereof needs to be framed(16.02.2021)

Present is a petition filed under Article 227 of the Constitution of India 1950, by the Original Defendant in Civil Suit assailing the order passed by.....

Tags : Additional issue, Framing of, Legality



Parliament passes ‘National Bank for Financing Infrastructure and Development Bill, 2021’(23.03.2021)

Parliament passes “National Bank for Financing Infrastructure and Development Bill, 2021” (NBFID Bill) to establish a National Bank for Financing Infr.....

Tags : National bank, Financial Infrastructure, Bill



RBI finalises the framework for recognising Self-Regulatory Organisations (SRO) for its Regulated Entities(21.03.2024)

Reserve Bank of India has finalised the Omnibus Framework for recognising Self-Regulatory Organisations (SRO) for its Regulated Entities. SROs enhance.....

Tags : SRO, REs, Framework



Once the issue verified by Assessing Officer and jurisdictional Court has allowed claim related to interest income earned from Co-operative Bank, PCIT cannot exercise Section 263 of IT Act(21.02.2022)

The assessee is a Co-operative Society carrying on business of providing credit facilities to its members. The return of income was filed by the asses.....

Tags : Assessment, Reframing, Legality



RBI finalises the framework for recognising Self-Regulatory Organisations (SRO) for its Regulated Entities(21.03.2024)

Reserve Bank of India has finalised the Omnibus Framework for recognising Self-Regulatory Organisations (SRO) for its Regulated Entities. SROs enhance.....

Tags : SRO, REs, Framework



Ministry of Corporate Affairs notifies penalty for non-compliance with NFRA Rules(17.06.2022)

Ministry of Corporate Affairs has notified that, the non-compliance with the National Financial Reporting Authority Rules (NFRA), 2018 would attract p.....

Tags : Penalty, Non-compliance, NFRA Rules



Tax Administration Authorities cannot give their own interpretation to legislative provisions on basis of their own perception of trade practise(27.04.2020)

The question involved in present case is as to whether as a condition of giving the benefit of Section 6(2) of the Central Sales Tax Act, 1956, the ta.....

Tags : Goods, Delivery, Timeframe



Defence of an accused is not to be considered while framing charges(26.04.2022)

Present petition has been filed under Article 227 of the Constitution of India read with Section 482 of Code of Criminal Procedure, 1973 (CrPC) prayin.....

Tags : Charge, Framing, Legality



RBI issues framework for compromise settlements and technical write-offs(08.06.2023)

RBI issues a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all the REs. Regulated Entities (RE.....

Tags : Settlements, Framework, Issuance



Reserve Bank of India releases regulatory framework for digital lending(10.08.2022)

A regulatory framework to support orderly growth of credit delivery through digital lending methods while mitigating the regulatory concerns has been .....

Tags : Framework, Digital lending, Release



“Profiteering” found in HUDA-private developer transaction(13.05.2016)

An authority acquiring land under the guise of public purpose, but subsequently passing it on to a private builder amounts to acquisition for a privat.....

Tags : Land acquisition, fraud, huda, private use



Desperate father misleading British court denied relief(20.05.2016)

A person having obtained a favourable order from a foreign court cannot claim its benefit if the same was obtained by defrauding that court.

.....

Tags : family, high court, united kingdom, fraud, children, welfare



An acquittal or discharge under Section 306 of IPC would not ipso facto amount to an acquittal or discharge under Section 498A of IPC(28.05.2019)

In instant case, Petitioner impugns order whereby charge has been framed against the Petitioner under Section 498A of Indian Penal Code, 1860 (IPC). T.....

Tags : Charge, Framing of, Legality



CMRL’s invocation of Gammon’s guarantee would cause irretrievable injustice(08.09.2015)

The Madras High Court granted an injunction in favour of Gammon, preventing Chennai Metro Rail Limited from invoking its bank guarantee. CMRL’s move s.....

Tags : Fraud, guarantee, metro, injunction



Bald allegation of fraud without proof would not render a decree obtained by a party as fraudulent(02.01.2017)

Appellant (represented by his legal representatives) is aggrieved by judgment passed by the High Court of Madhya Pradesh whereby his appeal has been d.....

Tags : Fraud, Allegation, Proof



Person who has been authorized to frame the assessment can only do the same(12.06.2023)

In present case, the assessee has challenged the validity of the assessment framed under Section 158 read with Section 254 of the Income Tax Act, 1961.....

Tags : Assessment, Framing of, Jurisdiction



Court while passing an order on charges is not expected to weigh the evidence as if trial is being conducted(19.07.2022)

Present revision is directed against the order on charge and consequent framing of charge against the Petitioner, by the learned Additional Sessions J.....

Tags : Charge, Framing of, Legality



Ericsson to reveal licensing agreements in confidentiality club(01.03.2016)

The Delhi High Court, hearing a patent dispute between Ericsson and Lava International granted Ericsson’s application to continue the matter under the.....

Tags : cellular, frand, licensing rate, confidentiality



RBI releases framework for facilitating small value digital payments in offline mode(03.01.2022)

RBI releases guidelines for facilitating small value digital payments in offline mode. With technology being available in a palm of your hand, the RBI.....

Tags : Framework, Digital payments, Offline mode



Non recovery of weapon is not ground for not framing charges under Section 397 Of IPC(08.11.2021)

Present petition is directed against the order passed by the learned District and Sessions Judge, arising out of FIR, registered at Police Station for.....

Tags : Weapon, Non-recovery, Charges, framing of



News

Bombay HC Slams State Government over Poor Infrastructure for Judiciary(03.11.2016)

Bombay High Court has observed that Maharashtra Government should realize that if it cannot support its own judiciary by giving infrastructure and sta.....

Tags : Bombay High Court, infrastructure, pending matters, disposal



Allahabad HC Refers Yamuna Expressway Land Acquisition Dispute to Arbitration(04.11.2016)

Allahabad High Court has referred to arbitration a dispute between Yamuna Expressway Authority and JP Infratech Ltd in connection with enhanced compen.....

Tags : Allahabad High Court, arbitration, Yamuna Expressway, JP Infratech



Supreme Court: Jaypee Homebuyers Will Get Their Money Back(19.09.2017)

Supreme Court has said that it could ask Jaiprakash Associates Ltd (JAL) to deposit Rs 10,000 crore-15,000 crore more to ensure that the homebuyers go.....

Tags : Supreme Court, Jaypee Infratech



Kerala High Court Grants Conditional Bail to Bishop Franco Mulakkal in Kerala Nun Rape Case(16.10.2018)

Kerala High Court has granted bail to Bishop Franco Mulakkal and also directed the Bishop to surrender his passport and not to enter Kerala state exce.....

Tags : Kerala High Court, Bishop Franco, Nun Rape Case



NCLAT Permits 90 Day Extension in Jaypee Infra CIRP(31.07.2019)

National Company Law Appellate Tribunal (NCLAT) has extended the Corporate Insolvency Resolution Period of Jaypee Infratech for 90 days--a period duri.....

Tags : NCLAT, Jaypee Infra



NCLAT Sets Aside NCLT Order Directing Return of Land to Jaypee Infratech(02.08.2019)

National Company Law Appellate Tribunal (NCLAT) has quashed a National Company Law Tribunal’s (NCLT) Allahabad Bench’s May 18, 2018 order which had di.....

Tags : NCLAT, Jaypee Infratech



Notifications & Circulars

Trai Issues a Consultation Paper on Infrastructure Sharing in Broadcasting TV Distribution Sector(21.09.2016)

The Telecom Regulatory Authority of India (TRAI) has released a consultation paper on infrastructure sharing in broadcasting TV distribution sector. T.....

Tags : Infrastructure Sharing, Consultation paper, Issuance



CRIMINAL - SC Admits Reliance Infra Minor's Plea Challenging HC order Favouring DMRC(19.02.2019)

Supreme Court has admitted a Special Leave Petition filed by its subsidiary challenging a Delhi High Court order that set aside an over Rs. 5,800 cror.....

Tags : Supreme Court, Reliance Infra



ARBITRATION - SC Admits Reliance Infra Minor's Plea Challenging HC order Favouring DMRC(19.02.2019)

Supreme Court has admitted a Special Leave Petition filed by Reliance Infra's subsidiary challenging a Delhi High Court order that set aside an over R.....

Tags : Supreme Court, Reliance Infra



CIVIL - SC Pulls Up Governments for ‘Pathetic’ State of Court Infrastructure(20.02.2019)

Supreme Court has blamed decades-old apathy of Centre and state governments for “unimaginably pathetic” condition of court buildings and lack of adequ.....

Tags : Supreme Court, Pathetic State of Court Infrastructure



Securities and Exchange Board of India Fines Jindal Cotex Officials for GDR Fraud(24.01.2020)

Securities and Exchange Board of India has slapped a fine of Rs. 10.7 Crores on Jindal Cotex and its three officials in a matter related to manipulati.....

Tags : Securities and Exchange Board of India, Jindal Cotex, GDR Fraud



CESTAT: Mere Use of Word ‘Principle to Principle’ Basis Not Franchise Service, Not Taxable(27.01.2020)

Customs Excise and Services Tax Appellate Tribunal (CESTAT) has held that mere use of the word ‘principle to principle’ cannot be a basis for attracti.....

Tags : Customs Excise and Service Tax Appellate Tribunal, Franchise Service



Securities and Exchange Board of India Fines 21 Entities for Fraudulent Trading(28.01.2020)

Securities and Exchange Board of India has slapped a total fine of Rs 1.89 Crores on 21 entities for executing fraudulent trading in Sarang Chemicals .....

Tags : Securities and Exchange Board of India, Fraudulent Trading



Framework to regulate and oversee co-operative banks and deposits(29.11.2016)

Reserve Bank of India (RBI) regulates and supervises the banking functions of State Cooperative Banks (StCBs)/District Central Cooperative Banks (DCCB.....

Tags : Deposits, Framework, Regulation



Measures initiated by RBI to prevent fraudulent use of debit cards(29.11.2016)

Reserve Bank of India (RBI) has informed that number of debit cards outstanding at the end of August 2016 was 71.2 crore. RBI has informed that frauds.....

Tags : Fraudulent use, Debit card, Prevention



CCI Rejects Complaints Against RIL, Reliance Gas Infra(25.11.2015)

Competition Commission of India (CCI) has rejected allegations of unfair business practices made against Reliance Industries, BSE and Reliance Gas Tra.....

Tags : Competition Commission of India, Reliance Industries, BSE ,Reliance Gas Transportation Infrastructure



RBI Eases Stressed Asset Resolution Norms(11.11.2016)

Reserve Bank of India (RBI) has eased rules for various stressed asset resolution schemes and expanded scope of a loan recast plan previously limited .....

Tags : Reserve Bank of India , infrastructure sector, Stressed Asset Resolution



Supreme Court Stays NCLT Proceeding Against Jaypee Infratech Limited(04.09.2017)

Supreme Court has stayed National Company Law Tribunal (NCLT) proceedings against Jaypee Infratech Limited. NCLT had, while acting on an insolvency pl.....

Tags : Supreme Court, Jaypee Infratech Limited



Supreme Court Orders Jaypee Infratech to Deposit Rs 2,000 Crore by Oct 27(11.09.2017)

Supreme Court has asked Jaypee Infratech to deposit Rs 2,000 crore by October 27. The Apex Court has restrained Jaypee MD and other directors from fly.....

Tags : Supreme Court, Jaypee Infratech



NCLAT Opens Doors for Adani, Others to Bid for Jaypee Infratech(18.07.2019)

National Company Law Appellate Tribunal (NCLAT) has asked the counsel for lenders of Jaypee Infratech to provide terms and conditions for new resoluti.....

Tags : NCLAT, Jaypee Infratech



NCLAT Upholds Insolvency Proceedings Against Housing Development & Infrastructure Ltd.(21.07.2020)

National Company Law Appellate Tribunal (NCLAT) has upheld the order against the real estate giant, Housing Development & Infrastructure Limited (HDIL.....

Tags : National Company Law Appellate Tribunal, Housing Development & Infrastructure Limited



Report on revitalising PPP model of infrastructure development released(28.12.2015)

A Committee formed to revisit and revitalise the Public Private Partnership Model for infrastructural development has released its Report. PPP, provis.....

Tags : Public private partnership, transparency, infrastructure



CVC analyses 100 top bank frauds - identifies loop holes-suggests systemic improvements(16.10.2018)

Central Vigilance Commission (CVC) has reviewed and analyzed Top 100 Bank Frauds, as on 2017.

Sharing the details Dr. T.M. Bhasin, Vigilan.....

Tags : Bank frauds, Loop holes, Identification



Government constitutes GoM to strengthen legal and institutional frameworks to deal with and prevent sexual harassment at workplace, GoM to be headed by the Union Home Minister(24.10.2018)

The Government today constituted a Group of Ministers (GoM) to examine the existing legal and institutional frameworks for dealing with matters of sex.....

Tags : Gom, Institution, legal frameworks, Strengthening of



NCLAT Upholds MCA's Move to Freeze Assets of Independent Directors in PNB Fraud Case(13.07.2018)

National Company Law Appellate Tribunal (NCLAT) has upheld Ministry of Corporate Affairs' plea to freeze assets of independent directors of companies .....

Tags : NCLT, PNB Fraud Case



NCLT Allahabad Extends Resolution Time for Jaypee Infratech(07.05.2019)

National Company Law Tribunal, Allahabad has directed that the corporate insolvency resolution process in the Jaypee Infratech matter continue until M.....

Tags : NCLT Allahabad, Jaypee Infratech



Delhi HC Asks Centre, Delhi Govt to Collectively Resolve Issues of 99-yr-old Dilapidated School(07.05.2019)

Delhi High Court has asked the Centre and Delhi Government to collectively resolve the issue of allotment of an alternative land for construction of n.....

Tags : NCLT Allahabad, Jaypee Infratech



National Company Law Tribunal Clears NBCC Offer for Jaypee Infratech(04.03.2020)

National Company Law Tribunal has approved NBCC’s offer to take over Jaypee Infratech, which has to deliver apartments, plots and villas to nearly 21,.....

Tags : National Company Law Tribunal, TAkeover of Jaypee Infratech



NCLT: Rs. 750 Cr. Paid by JAL for Obligation of JIL Should be Treated As Asset of Corporate Debtor(06.03.2020)

National Company Law Tribunal has observed that Rs. 750 Crore deposited by Jaypee Infratech’s (JIL) parent firm Jaiprakash Associates (JAL) with the S.....

Tags : National Company Law Tribunal, Jaypee Infratech



SC: Appointment Secured on Basis of Fraudulent Caste Certificate is Void Ab Initio(16.03.2020)

Supreme Court has observed that an appointment secured based on a fraudulent caste certificate is void ab initio and Government Resolutions and Circul.....

Tags : Supreme Court, Fraudulent Caste Certificate



Patna High Court Asks Govt. to Provide Funds for Educational Institutions' Infrastructure(26.03.2021)

Patna High Court has observed that there is a lack of infrastructure, toilets, etc in girls' educational institutions in Patna, perusing the inspectio.....

Tags : Patna High Court, Funds for Educational Institutions' Infrastructure



TRAI responds to DoT reference for improving telecom on islands(23.03.2016)

The Telecom Regulatory Authority of India issued a response to the Department of Telecom reference for improving telecommunications services in the An.....

Tags : islands, infrastructure, universal services obligation fund



External Commercial Borrowings - Revised Framework(30.03.2016)

The Reserve Bank of India notified amendments to the External Commercial Borrowings regime to encourage longer term lending, particularly for infrastr.....

Tags : ecb, infrastructure, mining, refinery



Cabinet approves Framework Agreement between India and Indonesia on cooperation in the exploration and uses of outer space for peaceful purposes(06.02.2019)

India and Indonesia on cooperation in the exploration and uses of outer space for peaceful purposes

The Union Cabinet chaired by Prime Minist.....

Tags : Approval, Framework Agreement, Exploration, Outer space



RBI announces the New External Commercial Borrowings (ECB) Framework(16.01.2019)

As part of the on-going efforts at rationalising multiple regulations framed under FEMA 1999 over a period of time, the regulations governing all type.....

Tags : ECB, New Framework, Announcement



RBI Operationalise CFR(22.01.2016)

Reserve Bank of India (RBI), in order to minimize frauds, has operationalised a Central Fraud Registry (CFR) with effect from January 20.

Tags : Reserve Bank of India, Central Fraud Registry



SC Vacates Madras HC's Order Staying Patta under FRA(03.02.2016)

SC has vacated an interim order of Madras High Court staying issue of patta under Scheduled Tribes and Other Traditional Forest Dwellers (Recognition .....

Tags : SC, Madras High Court , FRA



Delhi High Court Stays NAA Order on Pyramid Infrastructure(21.11.2018)

Delhi High Court has given interim relief to real estate developer Pyramid Infrastructure, which had been fined for profiteering under GST.

Tags : Delhi High Court, Pyramid Infrastructure



SEBI Levies Two-Year Ban on Individual for Fraudulent Trading(17.10.2019)

Securities and Exchange Board of India has barred an individual for two years from the capital markets for indulging in fraudulent trade practices, wh.....

Tags : SEBI, Fraudulent Trading



Kerala High Court Directs Excise Commissioner To Ensure Proper Infrastructure At Liquor Stores(16.09.2021)

Kerala High Court has directed the Excise Commissioner to not default in complying with the instructions passed by the Court regarding appropriate inf.....

Tags : Kerala High Court, Proper Infrastructure At Liquor Stores



Karnataka HC Directs Registrar General to Expedite Process of Framing Rules for Live Streaming(17.09.2021)

Karnataka High Court has directed its Registrar-General to expedite the process of framing rules for live streaming of the court’s proceedings after n.....

Tags : Karnataka High Court, Process of Framing Rules for Live Streaming



Karnataka HC Directs Registrar General to Expedite Process of Framing Rules for Live Streaming(17.09.2021)

Karnataka High Court has directed its Registrar-General to expedite the process of framing rules for live streaming of the court’s proceedings after n.....

Tags : Karnataka High Court, Process of Framing Rules for Live Streaming



TRAI issues Consultation Paper on "Review of the Regulatory Framework for Interconnection"(30.05.2019)

The Telecom Regulatory Authority of India (TRAI) has today issued the Consultation Paper on "Review of the Regulatory Framework for Interconnection".<.....

Tags : Consultation Paper, Issuance, Review, Regulatory Framework



Workshop on GST to Sensitize Maritime Fraternity(19.06.2017)

The Ministry of Shipping conducted a workshop on "GST for Shipping" in New Delhi today to sensitize all constituents of the maritime fraternity. The w.....

Tags : GST, Workshop, Maritime Fraternity



Extension of implementation date of Circular on 'Review of Margin Framework for Cash and Derivatives segments (except for Commodity Derivatives Segment)'(27.04.2020)

1. SEBI, vide Circular no. SEBI/HO/MRD2/DCAP/CIR/P/2020/27 dated February 24, 2020, reviewed the margin framework for cash and derivatives segments (e.....

Tags : Extension, Implementation date, margin framework



RBI Amends Norms on Bank Frauds(19.04.2016)

Reserve Bank of India (RBI), while amending disclosure norms, has asked banks to disclose fraud cases and make provisions for them not exceeding four .....

Tags : Reserve Bank of India, Bank Frauds



Bombay HC Slaps Reliance Infra Rs 1 Lakh for ‘Abuse of Legal Process’(20.04.2016)

Bombay HC has slapped a fine of Rs 1 lakh on Reliance Infrastructure for filing a petition that it termed an "abuse of the process of law".

Tags : Bombay HC, Reliance Infrastructure



NCLT Prohibits Nirav Modi, Mehul Choksi And 62 Others From Selling Their Assets(06.03.2018)

Mumbai Bench of the National Company Law Tribunal (NCLT) has restrained Nirav Modi, Mehul Choksi and 62 others associated with the two diamond dealers.....

Tags : PNB Fraud, Nirav Modi



CIVIL - SC Asks Centre to Disburse Funds for Infrastructure in Subordinate Judiciary(01.03.2019)

Supreme Court has directed Centre to disburse funds allocated for various state governments to develop infrastructure in subordinate judiciary within .....

Tags : Supreme Court, Judicial Infrastructure



CRIMINAL - Madras HC Sets Free HIV+ Man Convicted for Fraud(05.03.2019)

Madras High Court has granted liberty to a man who was convicted and sentenced to one month of imprisonment for swindling public money from a co-opera.....

Tags : Madras High Court, HIV+ Man Convicted for Fraud



SC Allows Franklin Templeton to Call for Meeting of Unit Holders(03.12.2020)

Supreme Court has directed a stay on redemption requests from investors and allowed Franklin Templeton Trustees to call for meeting of unit holders to.....

Tags : Supreme Court, Franklin Templeton



SEBI Amends Existing Regulatory Framework for Delisting of Equity Shares Pursuant to Open Offer(30.09.2021)

Securities and Exchange Board of India (SEBI) in the meeting headed by Mr.Ajay Tyagi decided to amend the existing regulatory framework for delisting .....

Tags : Securities and Exchange Board of India, Regulatory Framework for Delisting of Equity Shares



Draft Frameworks for Sale of Loan Exposures and Securitisation of Standard Assets(08.06.2020)

The Reserve Bank has today placed on its website two draft documents for public comments - the 'Draft Framework for Securitisation of Standard Assets'.....

Tags : Frameworks, Sale, Loan Exposures



SC Seeks Government Response on Doctor’s PPE Plea for Medical Fraternity(02.04.2020)

Supreme Court has asked the Government to respond to a doctor’s plea for a Court direction to the Government to urgently step up and issue World Healt.....

Tags : Supreme Court, Personal Protection Equipment for Medical Fraternity



Patna HC Seeks Details on Health Infrastructure in Bihar from Chief Medical Officers(17.12.2021)

Patna High Court has asked the Chief Medical Officers presently posted in all the 38 districts of Bihar to furnish details regarding health infrastruc.....

Tags : Patna High Court, Details on Health Infrastructure in Bihar



Allahabad High Court Enquires on Number of People Getting Pensions Fraudulently(27.12.2021)

Allahabad High Court has asked the State of Uttar Pradesh to specify as to how many persons are getting pensions fraudulently by showing themselves to.....

Tags : Allahabad High Court, Fraudulent Pensions



Karnataka High Court Stays Retrospective Payment of Tax on Annuity to Infra Companies(27.12.2021)

Karnataka High Court has stayed proceedings initiated by the goods and services tax (GST) authorities seeking retrospective payment of tax on annuity .....

Tags : Karnataka High Court, Retrospective Payment of Tax on Annuity to Infra Companies



MCA Invites Public Comments on Proposed Changes to CIRP Framework under IBC(27.12.2021)

Ministry of Corporate Affairs has invited the Public Comments on proposed changes to Corporate Insolvency Resolution and Liquidation Framework under .....

Tags : Ministry of Corporate Affairs, Proposed Changes to CIRP Framework



Central Fraud Repository comes into operation(21.01.2016)

The Reserve Bank of India notified operation of the Central Fraud Registry from 20 January, 2016. The Registry, first mentioned in the Bank’s

Tags : RBI, Central fraud registry, cell



RBI Central Board meets at Mumbai(19.11.2018)

The Reserve Bank of India's (RBI) Central Board met today in Mumbai and discussed the Basel regulatory capital framework, a restructuring scheme for s.....

Tags : Central Board, Meeting, Capital framework



Review of regulatory framework for Housing Finance Companies(22.10.2020)

1.With reference to the Bank's Press Release No.2019-20/419 dated August 13, 2019 and draft regulatory framework placed in public domain on June 17, 2.....

Tags : Review, Regulatory framework, Housing Finance



Union Minister of Rural Development and Panchayati Raj Shri Narendra Singh Tomar unveils preparation framework for Block and District development plans(20.10.2020)

This framework will promote inclusive development at the block and district levels by focusing on locally available resources, local people's aspirati.....

Tags : Framework, Development plans



Infrastructure Projects: RBI Relaxes Refinancing Norms for NBFCs(03.06.2016)

RBI in order to encourage infrastructure financing has eased norms for NBFCs to refinance such projects and provide longer repayment tenures.

Tags : RBI, Infrastructure, NBFCs



NCLT Consults Centre, Bankruptcy Board to Resolve Jaypee Infra Deadlock(22.04.2019)

National Company Law Tribunal’s (NCLT) has sought views from government and Insolvency and Bankruptcy Board of India (IBBI) on ways to resolve the dea.....

Tags : NCLT, Jaypee Infratech



National Company Law Appellate Tribunal Rejects Insolvency Plea Against Sintex Infra(24.02.2020)

National Company Law Appellate Tribunal has dismissed the Lloyd Insulations India Ltd’s plea to initiate proceedings against Sintex Prefab and Infra L.....

Tags : National Company Law Appellate Tribunal, Sintex Infra



Delhi High Court Lifts Stay on Nauroji Nagar Infrastructure Project(26.02.2020)

Delhi High Court has lifted the restraint on National Buildings Construction Corporation for construction on the Nauroji Nagar redevelopment project.

Tags : Delhi High Court, Nauroji Nagar Infrastructure Project



SEBI Imposes a Penalty of Rs 5 Crore on Mehul Chokshi in PNB Fraud(28.02.2020)

Securities and Exchange Board of India has slapped a penalty of Rs. 5 Crore on Gitanjali Gems Ltd. and its promoter, Mehul Chokshi for non- disclosure.....

Tags : Securities and Exchange Board of India, Mehul Chokshi, PNB Fraud



SC Restrains Suo Moto Case on COVID Vaccination Priority for Legal Fraternity(18.03.2021)

Supreme Court has restrained the Delhi High Court from proceeding with the suo moto case taken by it to consider including legal fraternity in the pri.....

Tags : Supreme Court, COVID Vaccination Priority for Legal Fraternity



Supreme Courts Asks Centre to Consider Framing Model Community Kitchen Schemes(18.01.2022)

Supreme Court has asked the Union of India to consider preparing a model scheme for community kitchens across the country and providing additional foo.....

Tags : Supreme Court, Framing Model Community Kitchen Schemes



TRAI releases recommendations on "Sharing of Infrastructure in Television Broadcasting Distribution Sector"(29.03.2017)

1. The Telecom Regulatory Authority of India (TRAI) has today released its Recommendations on "Sharing of Infrastructure in Television Broadcasting Di.....

Tags : Infrastructure, Sharing, recommendations



Review of framework of Innovators Growth platform under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018(17.12.2020)

1. SEBI in 2019 had created Innovators Growth Platform (IGP) framework under ICDR Regulations to encourage and facilitate capital raising and listing .....

Tags : Review, Framework, Innovators Growth



COMPANY - SC: Companies Act Does Not Stipulate Any Fixed Period for Completion of Serious Fraud Investigation(28.03.2019)

SC while holding that there is no stipulation of any fixed period for completion of a Serious Fraud investigation observed that stipulation in Section.....

Tags : Supreme Court, Section 212(3) of the Companies Act, 2013, Serious Fraud investigation



Delhi HC Directs SIT to Complete Investigation in Plea Seeking Inquiry into Banking Fraud(18.03.2020)

Delhi High Court has directed the Special Investigation Team to conclude investigation into banking frauds as expeditiously as possible and in all cir.....

Tags : Delhi High Court, Banking Fraud Cases



Madras HC: Compensation for Refraining from Carrying Out Competitive Business is Capital Receipt(08.04.2021)

Madras High Court has dismissed the appeal of the revenue and has held that the Compensation received for refraining from carrying on competitive busi.....

Tags : Madras High Court, Compensation for Refraining from Carrying Out Competitive Business



Supreme Court Stays High Court Proceedings on COVID Vaccination Priority for Legal Fraternity(12.04.2021)

Supreme Court has ordered a stay on proceedings before all High Courts in the cases regarding inclusion of legal fraternity in the priority list for C.....

Tags : Supreme Court, COVID Vaccination Priority for Legal Fraternity



Patna HC Seeks Compliance Report Over Judicial Infrastructure Development in State(14.02.2022)

Patna High Court has sought a compliance report from the State Government over Judicial Infrastructure development in the state in a plea highlighting.....

Tags : Patna High Court, Judicial Infrastructure Development



Guidelines for public issue of units of InvITs(11.05.2016)

The Securities and Exchange Board of India released guidelines for the public issue of units of infrastructure investment trusts.

As with .....

Tags : Infrastructure investment trust, public issue, guidelines



RBI regional offices entrusted UCB fraud monitoring and reporting duties(19.05.2016)

The Reserve Bank of India notified a revised fraud monitoring and reporting mechanism for Primary (Urban) Co-operative Banks.

Under the new.....

Tags : Co-operative bank, fraud, reporting, monitoring



RBI announces Draft Framework on introduction of Tri-Party Repo(11.04.2017)

The Reserve Bank of India, today, released the draft framework on the introduction of Tri-Party Repo. Tri-party repo will enable market participants t.....

Tags : Tri-Party Repo, Framework, Announcement



Code of Conduct and institutional mechanism for prevention of fraud or market abuse(03.03.2021)

1. Pursuant to the report of the Committee on Fair Market Conduct ('Committee'), set up inter-alia to recommend appropriate Institutional Mechanism to.....

Tags : Conduct, Institutional mechanism, Prevention, Fraud



MP High Court Declines to Issue Order to Set Up Dispensary for Legal Fraternity(23.06.2017)

Madhya Pradesh High Court has declined to issue any direction to set up a dispensary on the Court premises or specialised hospitals at divisional head.....

Tags : Madhya Pradesh High Court, Dispensary, Legal Fraternity



Supreme Court Issues Directions to Revamp Judicial Infrastructure(03.08.2018)

Supreme Court has issued a slew of directions to revamp judicial infrastructure and the quality of justice administration in courts across the country.....

Tags : Supreme Court, Judicial Infrastructure



NCLT Refuses to Stay Voting by Creditors of Jaypee Infra(15.05.2019)

NCLT has cleared the way for voting by Committee of Creditors of Jaypee Infratech in which the lenders are set to decide on NBCC India’s offer for the.....

Tags : NCLT, Jaypee Infra



SEBI Asks Franklin to Return Money to Investors in 6 Funds(08.05.2020)

Securities and Exchange Board of India has asked Franklin Templeton Mutual Funds to focus on returning the money to investors stuck in six funds as so.....

Tags : Securities and Exchange Board of India, Franklin Templeton Mutual Funds



Rajasthan HC: Medical Evidence Cannot be Doubted at Stage of Framing of Charges(25.04.2022)

Rajasthan High Court has observed that medical evidence cannot be doubted, that too, at the stage of framing of charges, where as per the settled law .....

Tags : Rajasthan High Court, Medical Evidence, Stage of Framing of Charges



Kerala HC: Land Used For Cultivating Long Duration Crops Not Ecologically Fragile(28.04.2022)

Kerala High Court has ruled that the land primarily used for the cultivation of crops of long duration can’t be stated as ecologically fragile land un.....

Tags : Kerala High Court, cultivation of crops, Kerala Forest (Vesting and Management of Ecologically Fragile Lands) Act, 2003, ecologically



Large Exposures Framework(03.06.2019)

Please refer to the instructions contained in circulars DBR.No.BP.BC.43/21.01.003/2016-17 dated December 01, 2016 and DBR.No.BP.BC.31/21.01.003/2018-1.....

Tags : Concentration risk, Exposures, Framework



Resolution Framework 2.0 - Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises(05.05.2021)

1. Please refer to the circular DOR.No.BP.BC/4/21.04.048/2020-21 dated August 6, 2020 on restructuring of advances to the MSME borrowers.

2......

Tags : Resolution Framework, Covid-19, MSME



Clarification on spending of CSR funds for 'creating health infrastructure for COVID care', 'establishment of medical oxygen generation and storage plants'(05.05.2021)

In continuation to this Ministry's General Circular No. 10/2020 dated 23.03.2020, wherein it was clarified that spending of CSR funds for COVID-19 is .....

Tags : Clarification, CSR funds, health infrastructure



Details of 'New Regulatory Framework' for Broadcasting and Cable services(16.06.2021)

1. TRAI, in March 2017, notified the 'New Regulatory Framework' for Broadcasting and Cable services. The new framework-came into effect on 29th Decemb.....

Tags : Details, Regulatory Framework, Broadcasting



NCLT Directs Era Infra RP to Admit ICICI Bank as Financial Creditor(07.12.2018)

National Company Law Tribunal (NCLT) has directed the resolution professional of Era Infrastructure India to admit ICICI Bank as a financial creditor .....

Tags : NCLT, ICICI, Era Infra



Karnataka HC Pulls Up SEBI for Acting Promptly in Franklin Templeton Case(26.10.2020)

Karnataka High Court has pulled up the Securities and Exchange Board of India (SEBI) for failing to act promptly to sustain the confidence of the inve.....

Tags : Karnataka High Court, Securities and Exchange Board of India, Franklin Templeton Case



Karnataka HC Restrains Franklin Templeton from Proceeding with Winding Up of Schemes(26.10.2020)

Karnataka High Court has restrained Franklin Templeton Investments (FT) from proceeding with the winding up of debt fund schemes without obtaining the.....

Tags : Karnataka High Court, Franklin Templeton



SC Directs Special Judge to Submit Report on Non-Framing of Charges Against Hameer Ui Uddin(01.09.2021)

Supreme Court has directed the Special Judge, Designated Court, Ajmer, Rajasthan to submit a report to the Top Court explaining as to why charges have.....

Tags : Supreme Court, Non-Framing of Charges Against Hameer Ui Uddin



SC to States: Give Details of Funds Disbursed for Judiciary from 2017-2022(27.07.2022)

Supreme Court while expressing concerns at the lack of proper judicial infrastructure in many States, has directed the Law Secretaries of all State Go.....

Tags : Supreme Court, Judicial Infrastructure, Budget Allocation



Madras HC to Police: Register Case for Fraudulent Appointment in Panchayat Office(28.07.2022)

Madras High Court has directed the jurisdictional police to register a criminal case and proceed according to the law in the matter pertaining to frau.....

Tags : Madras High Court, Police, Fraudulent Appointment, Panchayat



Review of Offer for Sale of Shares through stock exchange mechanism(15.02.2016)

The Securities and Exchange Board of India has modified the guidelines on sale of shares through Offer for Sale mechanism in response to suggestions f.....

Tags : Offer for sale, shares, notification, timeframe



Measures taken to facilitate digital banking(27.07.2021)

The Government has taken a number of steps to facilitate digital banking, doorstep banking services and digital lending platforms. This was stated by .....

Tags : Measures, Digital banking, Digital infrastructure



Bombay High Court Directs SEBI to Inquire Role of FTIL in NSEL Payment Fraud(13.08.2015)

Bombay High Court has directed Security and Exchange Board of India(SEBI) to inquire role of Financial Technologies India Limited(FTIL) in Rs. 5574 cr.....

Tags : Bombay High Court,Security and Exchange Board of India,FTIL,NSEL Payment Fraud



Bombay HC Passes Landmark Directions on Judicial Infrastructure(08.05.2017)

Bombay HC has passed directions concerning issues of infrastructure of Civil & Criminal Courts, along with Co-operative Courts, Motor Accidents Claims.....

Tags : Bombay HC, Judicial Infrastructure



Bombay High Court: State Duty Obliged to Provide Adequate Judicial Infrastructure(09.05.2017)

Bombay High Court has said that State Government is obligated to provide citizens adequate number of courts and infrastructure for them, and that it c.....

Tags : Bombay High Court, Judicial Infrastructure



Bombay HC Imposes 50,000 Fine on CBI For Arrest of Woman After Sunset(21.05.2018)

Bombay High Court has slapped a fine of Rs. 50,000 on the Central Bureau of Investigation (CBI) for an illegal arrest made by its officer in the PNB f.....

Tags : Bombay High Court, PNB fraud



SC Approves SBI Application for Proposed Distribution Mechanism to be Followed by Franklin Templeton(10.02.2021)

Supreme Court has approved the application filed by SBI Mutual Fund and SBI Funds Management Pvt Ltd, for placing on record the distribution mechanism.....

Tags : Supreme Court, Franklin Templeton, SBI



Kar HC: Shareholder Can't Itself Initiate Proceeding Before Magistrate for Fraud Under Companies Act(27.10.2022)

Karnataka High Court has held that a shareholder, minority or otherwise, cannot initiate proceedings before the Magistrate by himself or herself for a.....

Tags : Karnataka High Court, Shareholder, Fraud



Approval of framework for consolidation of Public Sector Banks(01.11.2017)

An Alternative Mechanism for consolidation of the Public Sector Banks (PSBs) has been constituted under the Chairmanship of the Union Minister of Fina.....

Tags : Framework, Approval, Consolidation, PSBs



Framework for outsourcing of payment and settlement-related activities by payment system operators(03.08.2021)

1. The Payment System Operators (PSOs), by virtue of services they provide and the construct of models on which they operate, largely outsource their .....

Tags : Framework, Outsourcing, PSO



TRAI releases Consultation Paper on 'Regulatory Framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery Networks, and Interconnect Exchanges in India'(16.12.2021)

1. The Telecom Regulatory Authority of India (TRAI) has today issued the Consultation Paper on 'Regulatory Framework for Promoting Data Economy Throug.....

Tags : Regulatory Framework, Data Centres, Interconnect Exchanges



Details of infrastructure available for testing of samples related to hazardous goods by Revenue Laboratories(23.12.2021)

1. Reference is invited to Instruction No. 17/2020-Customs dated 10.08.2020 wherein CBIC had started a Special Drive on 11.08.2020 to dispose off uncl.....

Tags : Details, Infrastructure, Revenue Laboratories



Delhi HC Upholds Extradition of NRI to United States in Bank Fraud Conspiracy Case(10.08.2017)

Delhi High Court has upheld order of extradition of an NRI to United States in a case alleging bank fraud conspiracy.

Tags : Delhi High Court, Bank Fraud Conspiracy



Bishop Franco Case : ‘Arrest Is A Matter Of Discretion Of Police’, Kerala HC Observes(14.09.2018)

High Court of Kerala has considered three petitions seeking proper investigation of criminal case against Franco Mulakkal, Bishop of Jalandhar Diocese.....

Tags : Kerela High Court, Bishop Franco



Tripura HC Directs State to Inspect All Govt Schools, Look Out for Shortfall of Teachers & Infra Need(28.02.2022)

Tripura High Court has directed the Tripura state to carry out inspection of all State Government schools within the State of Tripura and to take such.....

Tags : Tripura High Court, Shortfall of Teachers & Infra Needs



Delhi High Court Refuses to Quash Summons in GST Fraud Case(03.03.2022)

Delhi High Court has refused to quash the summons against a person accused of creating numerous fake firms and availing Input Tax Credit (ITC) fraudul.....

Tags : Delhi High Court, Summons in GST Fraud Case



SC: Mere Framing of Charges No Bar to Order Further Investigation(27.02.2023)

Supreme Court while observing that victim has a fundamental right of fair investigation and fair trial has held that mere filing of the chargesheet an.....

Tags : Supreme Court, Framing of Charges, Investigation



Del HC to Centre: Take Decision on Attaching DMRC’s Assets for Payment of Dues to Reliance Infra(28.02.2023)

Delhi High Court has directed Central government to take a decision whether it proposes to grant sanction for attachment of the movable and immovable .....

Tags : Delhi High Court, DMRC, Reliance Infrastructure, Attachment



Cyber Security framework(31.10.2016)

Cyber security in financial sector has gained importance, more so with the advent of technological innovations. IRDAI has decided to beef up its effor.....

Tags : Framework, Cyber security, Mechanism



Changes to the framework to enable verification of upfront collection of margins from clients in cash and derivatives segments(10.05.2022)

1. SEBI, vide circular SEBI/HO/MRD2/DCAP/CIR/P/2020/127 dated July 20, 2020, prescribed the framework to enable verification of upfront collection of .....

Tags : Changes, Framework, Cash, Derivatives segments



CIC Issues Summon to Secretary to L-G over RTI on Tax Fraud(22.09.2015)

Central Information Commission (CIC) while taking serious view of how an RTI application was handled by Lieutenant Governor secretariat, Information C.....

Tags : Central Information Commission,RTI on Tax Fraud



Supreme Court Sends Jaypee Infratech Back to NCLT(10.08.2018)

Supreme Court has asked the Allahabad bench of the NCLT to deal with the insolvency proceedings against Jaypee Infratech, allowing a second round of b.....

Tags : Supreme Court, Jaypee Infratech



Delhi HC Inquires on Boosting of Medical Infrastructure During Covid Surge(26.04.2021)

Delhi High Court has inquired from the Delhi Government as to how it is planning to boost medical infrastructure in order to meet the potential requir.....

Tags : Delhi High Court, Boosting of Medical Infrastructure



Securities and Exchange Board of India Imposes Fine on Jaypee Infratech for Lapse in Disclosures(15.03.2022)

Securities and Exchange Board of India has imposed Rs 7 lakh fine on Jaypee Infratech Ltd for disclosure lapses. The Board has said that the company d.....

Tags : Securities and Exchange Board of India, Jaypee Infratech Ltd



Bom. HC: Ensure Availability of Essential Infrastructure to Implement e-Mulakaat System in Prisons(09.05.2024)

Bom. HC has observed that the State shall implement the e-Mulakaat System in all the prisons throughout Maharashtra and shall also provide adequate in.....

Tags : Bombay High Court, e-Mulakaat System, Adequate Infrastructure



Elaborate infrastructure and facilities set up to ensure proper implementation of POCSO Act, 2012(20.07.2017)

The National Commission for Protection of Child Rights (NCPCR) is mandated under Section 44 of the Protection of Children from Sexual Offences (POCSO).....

Tags : Implementation, POCSO Act, Infrastructure



Central Government notifies the infrastructure debt fund namely, the Kotak Infrastructure Debt Fund Limited(31.03.2022)

In exercise of the powers conferred by clause (47) of section 10 of Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the infr.....

Tags : Infrastructure debt, Fund, Notification



Implementation plan - New Regulatory Framework 2020(01.09.2022)

1. The Telecom Regulatory Authority of India (hereinafter referred to as the "Authority"), vide letter of even number dated 1st June 2022, directed al.....

Tags : Implementation plan, Framework 2020, Broadcasting



Govt. Notifies Infra Cess of Up To 2.5% on Cars(02.03.2016)

Government has notified imposition of infrastructure cess of up to 2.5 per cent on passenger vehicles, which was announced in Budget 2016-17.

Tags : Government, Infra Cess



Bombay HC Stays ED’s Order to Freeze All Demat A/Cs of Accused in NSEL Fraud(24.01.2017)

Bombay High Court has stayed an order passed by Enforcement Directorate (ED) freezing all demat accounts and investments of Jignesh Shah-promoted comp.....

Tags : Bombay High Court, NSEL Fraud, 63 Moons Technologies Limited



Delhi HC: ‘Will Children of Bureaucrats Study in Govt Schools? ’(25.01.2017)

Delhi HC has asked, ‘Will children of bureaucrats study in Government schools’, as it directed City Administration to improve infrastructure in its ow.....

Tags : Delhi HC, Government schools, infrastructure



ITAT: Business of Infrastructure Development Comes Under The Definition of Developer(19.07.2022)

Income Tax Appellant Tribunal (ITAT), Ahmedabad Bench has held that the business of infrastructure development comes under the definition of developer.....

Tags : ITAT, Infrastructure Development, Developer



Ker. HC: Non-Compliance of MSME Framework Doesn’t Nullify NPA Declaration Under SARFAESI(15.09.2023)

Kerala High Court has held that failure to abide by the terms of the notification of 2015 prescribing ‘Framework for Revival and Rehabilitation of Mic.....

Tags : Kerala High Court, MSME Framework, NPA, SARFAESI



Supreme Court: Failure on Part of State Led to Development of Private Hospitals(05.03.2025)

Supreme Court has observed that in proportion to the population of this country, the states have not been able to develop the requisite medical infras.....

Tags : Supreme Court, Private Hospitals, Medical Infrastructure



RBI Clarification on Banks under Prompt Corrective Action(05.06.2017)

The Reserve Bank of India has come across some misinformed communication circulating in some section of media including social media, about the Prompt.....

Tags : Corrective action, Framework, Clarification



Press Note on TRAI's Regulatory framework for Broadcasting and Cable TV sector(03.07.2018)

The Telecom Regulatory Authority of India (TRAI) on 3rd March 2017, notified a regulatory framework for broadcasting and cable TV service provided thr.....

Tags : TRAI's, Regulatory framework, Press Note



Changes to the Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments(01.02.2023)

1. SEBI, vide circular SEBI/HO/MRD2/DCAP/CIR/P/2020/127 dated July 20, 2020, prescribed the framework to enable verification of upfront collection of .....

Tags : Changes, Framework, Upfront Collection



Comprehensive Risk Management Framework for Electronic Gold Receipts (EGR) segment(11.04.2022)

1. SEBI Board in its meeting held on September 28, 2021 approved the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021.

.....

Tags : Risk Management, Framework, EGR



Framework for acceptance of Green Deposits(11.04.2023)

1.Climate change has been recognised as one of the most critical challenges faced by the global society and economy in the 21st century. The financial.....

Tags : Framework, Acceptance, Green Deposits



Caution to public against fraudulent calls / e-mails / messages about refund of money(07.07.2022)

It has come to the notice of the Securities and Exchange Board of India (SEBI) that unscrupulous individuals are trying to cheat public by holding out.....

Tags : Caution, Public, Fraudulent calls



Framework for Corporate Debt Market Development Fund (CDMDF)(27.07.2023)

1. Chapter III-C has been inserted vide amendments to SEBI (Alternative Investment Funds) Regulations, 2012 vide Gazette notification no. SEBI/LAD- NR.....

Tags : Framework, CDMDF, Facility



Central Government declares Critical Information Infrastructure of the Indian Bank to be protected systems(26.07.2023)

In exercise of the powers conferred by sub-sections (1) and (2) of section 70 of the Information Technology Act, 2000 (21 of 2000), the Central Govern.....

Tags : Critical Information, Infrastructure, Declaration



Provisioning pertaining to Fraud Accounts(18.04.2016)

Reserve Bank of India notified amendments to provisions in respect of Fraud Accounts. Banks making good amounts upon detection of fraud can adjust fin.....

Tags : fraud accounts, banks, adjustment, profit and loss



Technical Guidance in respect of Indian Risk Based Capital Framework - Quantitative Impact Study-1(10.08.2023)

1. This circular is issued in exercise of powers conferred by Section 14 (2) (e) of the Insurance Regulatory and Development Authority Act, 1999.
<.....

Tags : Technical Guidance, Capital Framework, Study



CEA brings out Draft Resource Adequacy framework for reliable and secured power supply(22.09.2022)

Shri Krishan Pal Gujar, Minister of State for Power & Heavy Industries inaugurated a workshop on "Resource Adequacy- Need and way forward" organized b.....

Tags : Resource Adequacy, Framework, Power supply



Information regarding fraud in the name of TRAI(15.11.2023)

1. It has been brought to the notice of Telecom Regulatory Authority of India that some companies / agencies / individuals are fraudulently asking pub.....

Tags : Information, Fraud, Companies



National Bank for Financing Infrastructure and Development (Removal of Difficulties) Order, 2021(01.12.2021)

In exercise of the powers conferred by sub-section (1) of section 46 of the National Bank for Financing Infrastructure and Development Act, 2021 (17 o.....

Tags : National Bank, Financing Infrastructure, Order, 2021



Updated Harmonized Master List of Infrastructure sub-sectors is notified(11.10.2022)

With the approval of the Competent Authority, an updated Harmonized Master List of Infrastructure sub-sectors (Annexure-I) is hereby notified. The new.....

Tags : Master List, Infrastructure, Sub-sectors



Revised framework for computation of Net Distributable Cash Flow (NDCF) by Infrastructure Investment Trusts (InvITs)(06.12.2023)

1. Regulation 18(6) of SEBI (Infrastructure Investment Trust) Regulations, 2014 ("InvIT Regulations"), provides that the Net Distributable Cash Flow (.....

Tags : Revised framework, Computation, NDCF



Framework for operationalizing the Gold Exchange in India(10.01.2022)

1. SEBI Board in its meeting held on September 28, 2021 approved the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021.

.....

Tags : Framework, Operation, Gold Exchange



SEBI Issues Advisory Against Fraudulent Trading Schemes claiming to be offered to Indian residents by FPIs(26.02.2024)

The Securities and Exchange Board of India (SEBI) has been receiving a number of complaints regarding fraudulent trading platforms which falsely claim.....

Tags : Advisory, Trading Schemes, Frauds



Master Circular for Alternative Investment Funds (AIFs)(07.05.2024)

1. With an objective to ensure an effective regulatory framework for AIFs, Securities and Exchange Board of India (SEBI) has been issuing various circ.....

Tags : Master Circular, AIFs, Regulatory framework



Notification regarding Exchange Traded Currency Derivatives(04.04.2024)

In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....

Tags : Exchange, Currency Derivatives, Regulatory framework



Notification regarding Exchange Traded Currency Derivatives(04.04.2024)

In the recent period, some concerns have been expressed about participation in the exchange traded currency derivatives (ETCD) market in the light of .....

Tags : Exchange, Currency Derivatives, Regulatory framework



CCI approves combination involving acquisition by IRB Infrastructure Trust in Meerut Budaun Expressway Limited(04.06.2024)

The Competition Commission of India (CCI) has approved the proposed combination involving acquisition by IRB Infrastructure Trust in Meerut Budaun Exp.....

Tags : Acquisition, Approval,IRB Infrastructure



Framework for conversion of Private Listed InvIT into Public InvIT(09.02.2022)

1. Regulation 14(6) of the SEBI (Infrastructure Investment Trusts) Regulations, 2014 ("InvIT Regulations") provides as under: "The Board may specify b.....

Tags : Framework, Conversion, Public InvIT



Framework for considering unaffected price for transactions upon confirmation of market rumour(21.05.2024)

1. In terms of Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations"), as amended by SEBI .....

Tags : Framework, Unaffected price, Transactions



Review of Requirement of Counter-Cyclical Capital Buffer(20.04.2023)

The framework on countercyclical capital buffer (CCyB) was put in place by the Reserve Bank in terms of guidelines issued on February 5, 2015 wherein .....

Tags : Review, framework, CCyB



Master Circular for Infrastructure Investment Trusts (InvITs)(26.04.2022)

1. For effective regulation of Infrastructure Investment Trusts, Securities and Exchange Board of India (SEBI) has been issuing various circulars from.....

Tags : Master Circular, Infrastructure, InvITs



Central Government notifies Mahila Samman Savings Certificate, 2023 as a Scheme framed for the purposes of section 194A(3) of the Income-tax Act, 1961(16.05.2023)

1.In exercise of the powers conferred by sub-clause (c) of clause (i) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the.....

Tags : Scheme, Framing of, Notification,



Circular regarding charges levied by Market Infrastructure Institutions(01.07.2024)

1. Market Infrastructure Institutions (MIIs) being public utility institutions act as first level Regulator and are entrusted with the responsibility .....

Tags : Charges, levy, Market Infrastructure Institutions



CCI approves acquisition of 100% equity stake, management and control in 12 special purpose vehicles of PNC Infratech Limited and PNC Infra Holdings by Highway Infrastructure Trust(07.08.2024)

The Competition Commission of India (CCI) has approved the acquisition of 100% equity stake, management and control in twelve (12) special purpose veh.....

Tags : Acquisition, Approval, PNC Infratech



Changes proposed in timeframe for issue of shares and reporting of FDI(04.02.2016)

The Reserve Bank of India has proposed changes in respect of the time frame for issuing shares to align provisions of the Foreign Exchange Management .....

Tags : Rbi, timeframe, issue, reporting, shares, fdi



Reserve Bank invites comments on the draft framework for recognition of a Self-Regulatory Organisation for Payment System Operators(18.08.2020)

As announced in the Statement on Developmental and Regulatory policies issued as part of Monetary Policy statement dated February 6, 2020, the Reserve.....

Tags : Draft framework, Recognition, Self-Regulatory Organisation



RBI releases framework for authorisation of pan-India Umbrella Entity for Retail Payments(18.08.2020)

Reserve Bank has today placed on its website, the 'framework for authorisation of pan-India Umbrella Entity for Retail Payments'. The framework has be.....

Tags : Framework, Authorisation, Retail Payments



Approval for a resolution in the First Assembly of ISA for amendment of the Framework Agreement(01.11.2018)

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given ex-post facto approval for moving a Resolution in the first Assembly of the I.....

Tags : Resolution, Approval, Framework Agreement, Amendment



RBI seeks feedback on concept paper on Card Acceptance Infrastructure(08.03.2016)

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