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Bombay HC Stays Operation of RBI's 2016 Master Directions on Bank Fraud

The Bombay High Court (HC) has stayed, till 11 September 2023, the effects of master directions issued by the Reserve Bank of India (RBI) on fraud classification and reporting by commercial banks. A division bench of Justice GS Patel and Justice Neela Gokhale stayed the effects of RBI master directions until it hears petitions challenging the directions. ....

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NCLAT Allows Jalan Kalrock Consortium More Time To Repay Dues To SBI

The National Company Law Tribunal (NCLT) had previously approved the transfer of Jet Airways to the Jalan Kalrock Consortium led by Kalrock Capital based in London and entrepreneur Murari Lal Jalan based in the UAE, , jet airways, Kalrock Capital, national company law tribunal, National Company Law Appellate Tribunal ....

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