Banks will have to set down a proper process, including a platform to hear the views of borrowers and accounts labelled as a fraud, even […]
Tag: Supreme Court
Borrowers must be accorded hearing before declaration of bank account as fraud: SC
A borrower must be accorded a hearing before an account is classified as “fraud” and a reasoned order must follow if such an action is […]
Ready to take over Reliance Home Finance by Mar 31: Authum tells SC
Authum Investments and Infrastructure (AII) on Monday told the Supreme Court that it was ready to implement the ₹2,887-crore resolution plan for the takeover of […]
RBI, Yes Bank move SC against HC order setting aside ₹8.4k cr AT-1 bonds writeoff
The Reserve Bank of India (RBI) and Yes Bank have moved the Supreme Court against a Bombay High Court order that had set aside their […]
50 pc quota for in service doctors: SC directs Tamil Nadu govt to fill seats within 15 days
The Supreme Court on Friday permitted the Tamil Nadu government to allocate 50 per cent of super-speciality seats in government medical colleges to NEET-qualified in-service […]
Insurance contracts have very little option for consumers except to sign on dotted lines: Supreme Court
Insurance contracts prepared by an insurer have very little option or choice for a consumer, except to sign on the dotted lines, the Supreme Court […]