INSIGHTS

Introduction In certain circumstances, there is a peculiar risk in giving a hammer to a person who needs a scalpel. The Insolvency and Bankruptcy Code, 2016, intended as a surgical scalpel to help resolve financial distress issues, has repeatedly been used as a heavy hammer of commercial pressure. Recently, in a case decided in May 2026, namely Dhanlaxmi Bank Ltd. v. Mohammed Javed Sultan & Ors., the Supreme Court of India was yet again forced to trace that line which does no

Introduction SARFAESI ACT STANDS FOR “Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act”....

Introduction The Reserve Bank of India released the Master Direction for the regulation of the Bharat Bill Payment System on February 29,...

The Reserve Bank of India (“RBI”) issued Guidelines on Default Loss Guarantee in Digital Lending on 8th June 2023, to give a green signal to Default Loss Guarantee or First Loss Default Guarantee (“FLDG”) arrangements between Banks or Non-Banking Financial Companies (“Regulated Entities” or “RE”) and Lending Service Providers (“LSPs”) (typically a Fintech entity). This was a progressive step towards the Fintech sector and guarding the interests of the stakeholders involved in

Introduction In India, commercial banks offer Fixed Deposit (“FD”) accounts to customers, which are often created in the joint names of two persons, payable to either of them or to the survivor among them. The issue in the present case arose out of a special leave petition against the order of the National Consumer Dispute Redressal Commission and it pertained to the pledge of a joint FD Receipt. In this case, the Appellant and her husband Mam Chand were joint holders of a FD

Introduction Mergers and acquisitions (M&As) are the most popular method employed by companies to further their market dominance....

Introduction For day to day financial operations, digital banking has recently evolved into a new market in India. The process is simpler...