Bombay HC: Insolvency Cannot be Used to Evade a Family Court’s Maintenance Order || Kerala HC: Forklifts and Factory Cranes Are Motor Vehicles and Must be Registered under MV Act || Guj HC: Edible Crude Palm Kernel Oil Qualifies for Duty Exemption; End-Use Condition not Applicable || NCLAT Delhi: Advance under Land-Development MoU is not Financial Debt and Cannot Trigger CIRP || NCLAT: NCLT Cannot Change Capital Structure of a Legally Compliant Successful Auction Purchaser || Supreme Court: Endless Investigation and Long Delay in Filing Chargesheet Can Justify Quashing Case || SC: Landowners Accepting Compensation Settlements Cannot Later Claim Statutory Benefits || Supreme Court: Provident Fund Dues Have Priority over a Bank’s Claim under the SARFAESI Act || Supreme Court: Indian Courts Cannot Appoint Arbitrators for Arbitrations Seated Outside India || Madras HC: Police Superintendent not Liable For IO’s Delay In Filing Chargesheet or Closure Report

Search Results for Tag : Fair Practices Code

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RBI issues Fair Practices Code for Asset Reconstruction Companies(16.07.2020)

Asset Reconstruction Companies (ARCs) registered with the Bank are advised to adopt ‘Fair Practices Code’ (FPC) so as to ensure transparency and fairn.....

Tags : Fair Practices Code, Issuance, ARCs

Notifications & Circulars

Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing Guidelines(24.06.2020)

1. It has been observed that many digital platforms have emerged in the financial sector claiming to offer hassle free loans to retail individuals, sm.....

Tags : Loans, Fair Practices Code, Outsourcing Guidelines