The 257000 Ithala Bank clients have been unable to access their funds due to an ongoing liquidation application by the ...

The UK's Prudential Regulation Authority has proposed increasing the bank deposit protection limit from 85,000 pounds to 110,000 pounds. This move aims to provide greater security to savers in the ...

NCLAT Delhi held that when the plan is not implemented by Successful Resolution Applicant (SRA), Performance Bank Guarantee can be statutorily invoked. Thus, dismissal of appeal by SRA justified.

Kerala High Court held that invocation of the expired bank guarantees by Customs Department is not permissible under the law. Thus, writ petition is allowed. Facts- The appellant/writ petitioner was ...

Reliance Capitals lenders withdrew their petition against IndusInd International Holdings Ltd (IIHL) after successful ...

The UK Supreme Court’s recent decision in El-Husseini and another v Invest Bank PSC [2025] UKSC 4 has clarified the circumstances in which section ...

If we plan to do away with provision of selling the corporate debtor in liquidation rules, we must look for a replacement within the IBC.

India’s benchmark equity indices, Sensex and Nifty50, traded lower on Friday, dragged down by losses in M&M and Infosys.

Officials expect atleast 100 new aircraft or engines to be leased from GIFT City in 2025. Lessors feel that for GIFT City to ...

In one of the biggest bank fraud cases, in which Rs 27,000 crore is outstanding to govt banks, ED Wednesday attached about Rs ...

Adani Group is moving to acquire Jaiprakash Associates Ltd via insolvency. The firm is part of Jaypee Group, with debts of Rs ...