Securities Appellate Tribunal (SAT) reduced the market ban period on Inventure Growth and Securities Ltd. (IGSL) to three years as well as limited restrictions on certain directors of the company in a...

[ By Bobby Anthony ]The Bombay High Court has allowed Edelweiss Asset Management Company’s petition seeking disclosure of all assets and liabilities of Dewan Housing Finance Corporation Ltd (DHFL),...

[ By Bobby Anthony ]The Securities & Exchange Board of India (SEBI) has barred Indian citizens, including Non-Resident Indians (NRIs) from buying depository receipts issued by locally listed...

[ By Bobby Anthony ]Former Fortis Healthcare promoter Shivinder Singh has been arrested by the Economic Offence Wing of the Delhi Police.Religare's former Chairman & Managing Director Sunil Godhwani...

The Bombay High Court restrained Canara Bank from taking over a bungalow in Worli locality of Mumbai from one of its borrowers and guarantor of a loan under the Securitization and Reconstruction of...

A bench of Justices Deepak Gupta and Aniruddha Bose ruled that mere non-mentioning of an incorrect provision is not fatal to the application if the power to pass such an order is available with the...

[ By Bobby Anthony ]The Madras High Court has issued notices to the Securities & Exchange Board of India (SEBI), the Ministry of Corporate Affairs (MCA), the Central Bureau of Investigation (CBI), the...

[ By Bobby Anthony ]Edelweiss Asset Management has approached the Bombay High Court to recover its dues of around Rs 70 crore from Dewan Housing Finance Ltd (DHFL).The suit has come at a time when...

[ By Bobby Anthony ]A sole proprietary concern is not a person under Section 3(23) of the Insolvency and Bankruptcy Code, 2016, and hence it cannot initiate insolvency proceedings, the Delhi bench of...

The High Court of Gujarat ruled that a borrower can challenge the possession of his property within 45 days from the last step of the process i.e. sale notice (which is before the date of auction...

After multiple delays, the Supreme Court has scheduled a date for hearing the crypto ban case. The case is set to be heard on 15th October, 2019. The case has been listed on top of the board. This...

[ By Bobby Anthony ]The Committee of Creditors (CoC) of the now defunct Jet Airways have approved an out of court settlement with Luckystar Property Holding, the present owner of Siroya Centre, the...